Brief: Aqualis buys 49.9 pct of Adler Solar
02/09/2015 06:00
Sept 2 (Reuters) - Aqualis ASA AQUA.OL :
* Says has signed a MoU to acquire a 49.9 percent stake in Adler Solar - a technical and
engineering service provider for the global solar industry
* Total consideration for 49.9 percent ownership share is 3 million euros ($3.4 million)
* Aqualis also has an option to acquire a further 10.1 percent of company by April 2019, at
same price as initial investment
* Transaction is expected to be closed in Q3 2015
Source text for Eikon: ID:nHUG34ZKhw
Further company coverage: AQUA.OL
($1 = 0.8871 euros)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48586983920;))