Shortcut Media AB (publ) (NGM:SMG) acquired the remaining 36% stake in Shortcut Media Film AB and 15% stake in Shortcut Media Graphics AB for SEK 0.21 million on May 29, 2017. The consideration is payable partly in cash and partly through promissory notes. Upon completion, Shortcut Media Film AB and Shortcut Media Graphics AB have become fully owned subsidiaries of Shortcut Media AB (publ). Shortcut Media AB (publ) (NGM:SMG) completed the acquisition of the remaining 36% stake in Shortcut Media Film AB and 15% stake in Shortcut Media Graphics AB on May 29, 2017.