MultiQ International AB (OM:MULQ) agreed to acquire 62.6% stake in Mermaid A/S (CPSE:MERM) for SEK 13.4 million in stock on May 12, 2015. MultiQ will issue 13.42 million shares for acquiring 6.71 million shares in the transaction. If MultiQ reaches ownership of 58.8% of shares in Mermaid, MultiQ will make offer for remaining shares in Mermaid.