Tellusgruppen agrees to buy Sandvikens Friskola for up to SEK 34.7 million
Reuters2026/09/14 09:31Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Tellusgruppen agreed to buy Sandvikens Friskola, owner of Sandvikens Internationella Montessoriskola, an F-9 school in Sweden.
- Initial purchase price set at up to SEK 17.35 million on a debt-free basis, with a potential earn-out of up to SEK 17.35 million.
- The target generated about SEK 31 million in revenue in fiscal 2025/2026, implying roughly 5% revenue growth for the group.
- Closing scheduled for Oct. 1, 2026; funding to come from Tellusgruppen’s cash and existing credit facilities.
- The business is expected to lift EBITDA, operating profit, and cash flow from completion.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tellusgruppen AB published the original content used to generate this news brief on September 14, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Centurion director Teo Peng Kwang cuts stake to 5.8% after gifting 15 million shares to son
Reuters•2026/09/14 10:19
Amundi Physical Metals issues 1,020,000 Amundi Physical Gold ETC securities in new tranche
Reuters•2026/09/14 10:16
Crypto prices
MoreBitcoin
BTC
$78,007.2
+1.67%
Ethereum
ETH
$2,516.59
+1.49%
Tether USDt
USDT
$0.9996
-0.01%
BNB
BNB
$723.75
+1.09%
XRP
XRP
$1.4
+4.03%
USDC
USDC
$0.9999
+0.01%
Solana
SOL
$101.77
+1.99%
TRON
TRX
$0.3403
+0.04%
Hyperliquid
HYPE
$79.65
+2.43%
Zcash
ZEC
$1,138.3
+4.27%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now