Allgon AB (publ) (OM:ALLG B) entered into an agreement to acquire Tele-Radio i Lysekil AB from TR Intressenter AB for SEK 420 million on May 4, 2018. As part of consideration, Allgon will issue 9.78 million ordinary shares to some of Tele-Radio's management and one of the main shareholder in Tele-Radio, with a potential additional purchase price of SEK 50 million. Allgon intends to finance part of the acquisition through a share rights issue. Tele-Radio had net sales of SEK 252 million and adjusted EBITDA of SEK 51 million in 2017. The acquisition is conditional upon Allgon receiving sufficient funding to complete the transaction. Fredrik Sonander and Petronella Hallberg of Advokatfirman Vinge KB acted as legal advisor to TR Intressenter AB. ABG Sundal Collier AB acted as financial advisor, Andulf Advokat AB and Baker & McKenzie Advokatbyrå KB acted as legal advisors, Grant Thornton Sweden AB acted as accountant while Qvartz acted as advisor to Allgon AB.