Brief: Schibsted ASA Announces Renewed TRS Agreement In Adevinta ASA
May 30 (Reuters) - Schibsted ASA SCHA.OL :
* SCHIBSTED ASA (SCHA/SCHB) - RENEWED TRS AGREEMENT IN
ADEVINTA
ASA
* EXPIRY DATE OF NEW TRS AGREEMENT IS 13 JUNE 2024
* PRICE IN NEW TRS AGREEMENT IS NOK 78.65 PER SHARE GIVING
SCHIBSTED A NEGATIVE CASH EFFECT OF APPROX. NOK 51 MILLION
* SCHIBSTED'S FINANCIAL EXPOSURE REMAINS UNCHANGED WITH NEW
TRS
AGREEMENT
Source text for Eikon: ID:nObiW6pFJa
Further company coverage: SCHA.OL
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Adevinta ASA
See all newsBrief: Fitch Ratings Says Withdraws Adevinta's Ratings
Brief: A-Shares In Adevinta To Be Delisted From Oslo Stock Exchange As Of June 5 2024
Brief: Schibsted: Termination Of Total Return Swap Agreement In Adevinta
Brief: Adevinta Completes Voluntary Offer For All Issued, Outstanding Ordinary Class A Shares
Brief: Adevinta Q1 EBITDA Margin 34.4%