The shareholders of PriceRunner and Creades have entered into an agreement through which Creades undertakes to invest approx. SEK 370 million in PriceRunner through a directed share issue. Following completion of the transaction, Creades will hold approx. 12 percent of the outstanding shares in PriceRunner.
PriceRunner is one of Europe’s leading price and product comparison sites.
PriceRunner was advised by Mannheimer Swartling in the transaction.