Extract from M&A Insights

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Mangold places bid for 25% stake in RessCapital
April 18, 2018

The Swedish independent security broker Mangold Fondkommision AB, places a bid to acquire 25% of RessCapital, an alternative investment fund manager (IAFM). The total sum of the potential deal is SEK 9.3m with a cash payment of approximately SEK 7m and newly issued Mangold shares corresponding to approximately SEK 2.3m. RessCapital reported revenues of SEK 14m and a net profit of SEK 5m in the latest financial year 2016/17.

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