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Announced

EG acquires Sonlinc.

Synopsis

EG, a software developing form acquires Sonlinc, a provider of trading and billing software for utilities. Financial terms were not disclosed. "Sonlinc has in-depth knowledge of the utility market and strong customer relationships. The company is, therefore, a perfect match with our existing activities in this market. Sonlinc is exactly the type of company that has a strategic fit with EG, with our focus on industry-specific software and growth" Mikkel Bardram, EG CEO.

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Market Context

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