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The newsboard processes news from the NASDAQ Nordic portfolio company GlobeNewswire, which provides investors with company-relevant information. This relates in particular to events that may be relevant to the listing of companies or tradable financial instruments.
GlobNewswire (formerly PrimeNewswire) specializes in public relations solutions and digital media services. This feed adds another important source of information for investors to the popular X-Billboard portfolio.
Today, payment of the purchase price for the entire share capital of Lyfja hf. to the seller was completed and the company has thereby become part of the Festi Group. As previously announced, Festi signed an agreement for the acquisition of the entire share capital of Lyfja hf. on July 13, 2023. On June 14, 2024, Festi and the Icelandic Competition Authority reached a settlement regarding the purchase, which was the final contingency for the acquisition of Lyfja. The reference closing date for the acquisition is July 1, 2024, and Lyfja will therefore be included in Festi's consolidated financial statements as of that date.
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