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WSG WS WeSports AB (publ) News Story

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Brief: WeSports Increases Ownership In SkiCom, Bikelease

May 8 (Reuters) - WS WeSports Group AB (publ) WSGR.ST:

INCREASES OWNERSHIP IN SKICOM AND BIKELEASE

INCREASES SKICOM OWNERSHIP FROM 51% TO 80%

INCREASES BIKELEASE OWNERSHIP FROM 60% TO 100%

DEALS COMPLETED AT 5-7X EV/EBITA WITH PARTS AS EARN-OUTS

Source text: ID:nMFN5BgyDs

Further company coverage: WSGR.ST

 (Gdansk Newsroom)

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