-+ 0.00%
-+ 0.00%
-+ 0.00%
Vetted Assets to Buy Majority Stake in Swedish E-commerce Art Studio Criss Bellini
Share
Listen to the news
02:45 AM EDT, 07/16/2026 (MT Newswires) -- Vetted Assets (VETT.ST) said Thursday it agreed to acquire a 70% stake in Swedish e-commerce art studio Criss Bellini for a preliminary cash price of 25 million kronor. The investment company plans to fund the acquisition through fundraising and a credit facility. It plans to raise 15 million kronor by offering shares with preferential rights for its existing shareholders at 4.4 kronor per share. The offering is conditional on shareholders' approval at an extraordinary general meeting on Aug. 19, while the acquisition is subject to the closing of the financing and certain customary conditions.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending