Brief: AqualisBraemar LOC To Sell Loss Adjusting Business

Aqualis ASA

18/05/2022 07:50

May 18 (Reuters) - Aqualisbraemar Loc ASA  AQUA.OL :
    * ABL GROUP TO SELL LOSS ADJUSTING BUSINESS
    * ADJUSTING BUSINESS WILL BE TRADING AS STEEGEXP GOING
FORWARD
    * ADJUSTING BUSINESS GENERATED REVENUES OF APPROXIMATELY USD
10
MILLION IN 2021, PREDOMINANTLY FROM OIL AND GAS SECTOR
    * TRANSACTION IS EXPECTED TO CLOSE IN Q2 2022 AND IS NOT
EXPECTED
TO HAVE A MATERIAL EBIT IMPACT

Source text for Eikon:  ID:nObi4wZDna 
Further company coverage:  AQUA.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))