April 3, 2018 / 4:34 PM / in 5 months

BRIEF-Cognosec to buy Itway's cyber security interests in Turkey and Greece for €10 mln

April 3 (Reuters) - Cognosec AB:

* COGNOSEC ENTERS INTO AN EXCLUSIVE AGREEMENT TO ACQUIRE ITWAY’S CYBER SECURITY VALUE ADDED DISTRIBUTOR INTERESTS IN TURKEY AND GREECE FOR €10 MILLION

* ‍TOTAL CONSIDERATION WILL CONSIST OF EUR 2 MILLION IN CASH AND BALANCE BEING MADE UP OF EUR 8 MILLION IN COGNOSEC AB NEW ISSUE SHARES​

* ANNOUNCES SIGNING OF AGREEMENT RELATED TO PROPOSED ACQUISITION BY COGNOSEC OF 100% OF SHARES IN ITWAY HELLAS SL SA & ITWAY TURKYIE LTD Source text for Eikon: Further company coverage:

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