August 28, 2019 / 5:07 AM / 3 months ago

BRIEF-SHL Telemedicine To Acquire 51% Of Netherlands Based Kadima BV

Aug 28 (Reuters) - SHL Telemedicine Ltd:

* EXPANDS TO NETHERLANDS AND SIGNS AN AGREEMENT TO ACQUIRE KADIMA BV / 24CARE INKOOP BV

* CLOSING OF TRANSACTION IS EXPECTED TO TAKE PLACE BY END OF 2019 SUBJECT TO SIGNING OF A DEFINITIVE AGREEMENT.

* TO ACQUIRE 51% OF NETHERLANDS BASED KADIMA BV

* OPTION TO ACQUIRE REMAINING 49% WITHIN 24 MONTHS OF CLOSING Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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