Reinhart Interactive TV AG entered into agreement to acquire iWedia S.A. from Kudelski SA (SWX:KUD) for CHF 8.1 million and others on July 13, 2022. Under the terms of agreement, Reinhart Interactive is acquiring 40% stake iWedia from Kudelski and remaining from others. The divestment of the 40% equity represents a cash transaction for Kudelski.

The transaction is subject to customary closing conditions.