Doodle increases stake in European electronics firm Lexibook to 78.59%, finalizing deal Jan 15.

European electronics company Lexibook saw Doodle, its majority shareholder, increase its stake through a reopened share offer. Doodle and its allies now control 78.59% of Lexibook's shares and at least 83.46% of its voting rights. Lexibook, known for its children's electronic products, revised its sales forecast for the year, expecting to exceed €69 million in sales. The transaction finalizes on January 15, 2025.

3 months ago
3 Articles

Further Reading