Brief: Alimak Group To Acquire Tall Crane Equipment Ltd

Alimak AB (publ)

18/07/2022 21:24

July 18 (Reuters) - Alimak Group AB (publ)  ALIG.ST :
    * ALIMAK GROUP TO ACQUIRE TALL CRANE EQUIPMENT LTD
    * ALIMAK GROUP AB-ENTERED INTO AN AGREEMENT TO ACQUIRE 100%
OF
SHARES IN TALL CRANE EQUIPMENT LTD - A CANADIAN HOIST AND CRANE
RENTAL SERVICES PROVIDER
    * ALIMAK GROUP AB (PUBL)  ALIG.ST - PURCHASE PRICE AMOUNTS
TO
APPROXIMATELY MSEK 215 (MCAD 27) ON A CASH AND DEBT-FREE BASIS 
    * ALIMAK - IN ADDITION TO FIXED PURCHASE PRICE PAID UPON
ACCESS,
SELLER MAY RECEIVE CONDITION-BASED ADDITIONAL PURCHASE PRICE OF
MAX OF ABOUT MSEK 105 

Source text for Eikon:  ID:nWkr5PwqPJ 
Further company coverage:  ALIG.ST 

 ((Reuters.Briefs@thomsonreuters.com;))