F.E. Bording A/S (CPSE:BORD B) signed a letter of intent to acquire sales operations and parts of its specialty production in Vivild from Formula A/S on March 27, 2014. As on April 10, 2014, F.E. Bording A/S signed an agreement to acquire sales operations and parts of its specialty production in Vivild from Formula A/S. The transaction is subject to completion of due diligence process. The transaction is expected to complete on May 1, 2014.