
Jan 27 (Reuters) - Zinzino AB ZZb.ST:
SAID ON MONDAY ANNOUNCES MERGER OF IT WORKS! INTO THE ZINZINO FAMILY OF BUSINESSES FOR INCREASED DISTRIBUTION POWER IN NORTH AMERICA AND EUROPE
PURCHASE PRICE $30 MLN PAID THROUGH B-SHARES
ADDITIONAL PURCHASE PRICE $4 MLN BASED ON SALES
MERGER EXPECTED TO GENERATE OVER $60 MLN REVENUE
Further company coverage: [ZZb.ST]