Labo Print S.A. signed a letter of intent to acquire acquire an unknown majority stake in Reakcja Flagi Reklamowe Sp. z o.o from individual for PLN 1 million.

Labo Print S.A. (WSE:LAB) signed a letter of intent to acquire an unknown majority stake in Reakcja Flagi Reklamowe Sp. z o.o from individual for PLN 1 million on September 10, 2020. Labo Print signed an agreement to acquire 50.2% stake of Reakcja Flagi Reklamowe Sp. z o.o from individual on February 4, 2021. Under the plan, Labo will acquire 306 shares. Labo Print has exclusivity for the purchase until December 31, 2020.