TagMaster: Major acquisition announced - analyst coverage paused
TagMaster acquires the US company Sensys Networks. To finance the acquisition, TagMaster intends to carry out a rights issue of SEK 98m, a directed share issue of SEK 41m, and SEK 55m in new debt financing. As Redeye is the financial advisor in the transaction and in the share issues, analyst coverage is paused. We will get back with an updated view of the company once analyst coverage is resumed.