Hedera Group AB (publ) (OM:HEGR) signed a letter of intent to acquire Assistansbolaget Forsakring Sverige Ab for SEK 20 million on May 28, 2019. The transaction will be financed with rights issue of SEK 15 million and directed issue of SEK 15 million at price of SEK 8.5. Assistansbolaget has a turnover of approximately SEK 100 million and an operating profit of SEK 5 million. Hedera Group AB (publ) (OM:HEGR) cancelled the acquisition of Assistansbolaget Forsakring Sverige Ab on May 28, 2020.