Tuesday, 02 January 2024 12:17 GMT

Baylin Technologies Inc.


(MENAFN- Baystreet) 10:43 AM EST - Baylin Technologies Inc.: Has entered into a definitive agreement to acquire 100% of the shares of Kaelus AB, a Sweden-based global provider of next-generation antenna solutions, RF (radio frequency) conditioning, synchronization, and test & measurement equipment, for a purchase price of approximately SEK (Swedish krona) 285 million or approximately $42 million (. The purchase price will be satisfied in a combination of cash and common shares of Baylin See "Acquisition Terms – Purchase Price". All dollar amounts in this release are in Canadian dollars. Baylin Technologies Inc. shares T are trading up $0.02 at $0.33.

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