Brief: Alexanderwerk To Buy Business Operations Of Alexanderwerk Produktions GmbH

Alexanderwerk AG

17/02/2021 15:18

Feb 17 (Reuters) - ALEXANDERWERK AG  ALXG.F :
    * INTENDED ACQUISITION OF THE BUSINESS OPERATIONS OF
ALEXANDERWERK
PRODUKTIONSGESELLSCHAFT GMBH
    * TO TRANSFER THE BUSINESS OPERATIONS OF ALEXANDERWERK
PRODUKTIONS
GMBH TO ALEXANDERWERK AG
    * ACQUISITION IS INTENDED TO INCREASE THE GROUP’S
PROFITABILITY
    * PURCHASE AND TRANSFER AGREEMENT SHOULD BE FINALIZED AND
CONCLUDED IMMEDIATELY
    * TO SIMPLIFY THE ACCRUALS AND DEFERRALS, THE ACQUISITION
SHOULD
TAKE PLACE WITH ECONOMIC EFFECT ON DECEMBER 31, 2020 IF POSSIBLE
    * PURCHASE PRICE IS IN THE MID SINGLE-DIGIT MILLION RANGE

Source text for Eikon:  ID:nEQ6FtbSKa 
Further company coverage:  ALXG.F 

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