Announced

Xplora launched a tender offer for SEK829m of Doro.

Synopsis

Xplora, a developer of wearable smart devices and connectivity services for children and families, launched a tender offer for SEK829m of Doro, a telecommunications company. “We are thrilled to announce an offer to acquire Doro. This is a strategic move that we believe will be a perfect synergy to accelerate Xplora’s growth into the senior market. Doro’s impressive track record, selling more than 1.5 million mobile units annually, has caught our attention, and we see a tremendous opportunity to build on that success,” Sten Kirkbak, Xplora CEO and Founder.

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MergerLinks - Xplora launched a tender offer for SEK829m of Doro.