CodeLab Capital Plans Four Acquisitions

04:56 AM EDT, 09/17/2026 (MT Newswires) -- CodeLab Capital (CODE.OL) said Thursday it plans to simultaneously acquire stakes in Mdco and three other companies to expand its occupational health services business and enter the e-health market. The Norwegian software company said it agreed to preliminary terms to acquire 100% of Mdco, 45% of the shares in healthcare software and IT services company Solvit, and two other companies in occupational health services. The planned acquisitions will be financed by issuing CodeLab shares at 6 Norwegian kroner per share. If all acquisitions and the planned up to 40 million-krone private placement are completed, existing shareholders may be diluted by 50%. Mdco shareholders are expected to receive 12 million CodeLab shares plus an earn-out based on 2027 EBITDA, capped at 48 million kroner. The other acquisitions will be paid via a combination of cash, shares, and deferred payments.