Brief: Aker Horizons Sells Rainpower Holding To Aker Solutions
30/03/2022 06:52
March 30 (Reuters) - Aker Horizons ASA AKH.OL :
* SALE OF RAINPOWER TO AKER SOLUTIONS
* ANNOUNCES SALE OF RAINPOWER HOLDING AS ("RAINPOWER").
* AGREED TO SELL 100 PERCENT OF SHARES IN ITS PORTFOLIO
COMPANY
RAINPOWER, A TECHNOLOGY PROVIDER TO HYDROPOWER INDUSTRY, TO AKER
SOLUTIONS HOLDING AS
* TRANSACTION IS EXPECTED TO BE COMPLETED DURING Q2 OF 2022
* PRICE OF ABOUT NOK 100 MILLION, WITH AN ADDITIONAL
DISCRETIONARY
ELEMENT WHICH MAY BRING PRICE TO NOK 150 MILLION
Source text for Eikon: ID:nWkrc9MKGB
Further company coverage: AKH.OL
(Gdansk Newsroom)
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