Brief: Aspo Subsidiary Leipurin Divests Its Russian, Belarusian, Kazakh Operations

Aspo Oyj

17/01/2023 12:09

Jan 17 (Reuters) - Aspo Oyj  ASPO.HE :
    * ASPO’S SUBSIDIARY LEIPURIN DIVESTS ITS RUSSIAN, BELARUSIAN
AND
KAZAKH OPERATIONS
    * RIGHTS TO LEIPURIN'S NAME AND TRADEMARKS ARE NOT INCLUDED
IN
SALE
    * RUSSIAN BORN MR. AKHIYAROV IS INVESTING IN LEIPURIN EAST
AS A
PRIVATE INVESTOR
    * WILL SELL SHARE CAPITAL OF ITS RUSSIAN, BELARUSIAN AND
KAZAKH
SUBSIDIARIES TO MR. TIMUR AKHIYAROV.
    * RECOGNIZES A TOTAL EXPENSE OF APPROXIMATELY EUR 5.2
MILLION IN
Q4 OF 2022 RELATING TO WRITE-DOWN OF NET ASSETS
    * AMOUNT OF APPROXIMATELY EUR 3.2 MILLION WOULD BE
RECOGNIZED AS
AN EXPENSE DUE TO TRANSLATION DIFFERENCES

Source text for Eikon:  ID:nGNE7VbY17 
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 (Gdansk Newsroom)
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