Brief: Aspo Subsidiary Telko Completes Sale Of Russian Operations

Aspo Oyj

19/04/2023 13:44

April 19 (Reuters) - Aspo Oyj  ASPO.HE :
    * INSIDE INFORMATION: ASPO’S SUBSIDIARY TELKO COMPLETES THE
SALE
OF ITS RUSSIAN OPERATIONS
    * SUBSIDIARY TELKO HAS TODAY RECEIVED FUNDS FOR SALE OF
SHARE
CAPITAL OF ITS RUSSIAN SUBSIDIARY TELKO OOO TO RUSSIAN
INDUSTRIAL OPERATOR GK HIMIK
    * RECEIVED SALES PRICE WAS EUR 5.7 MILLION AFTER MANDATORY
VALUATION ADJUSTMENTS
    * CONSIDERING ALREADY RECOGNIZED WRITE-DOWNS, TRANSACTION
WILL NOT
GENERATE FURTHER SALES GAINS OR LOSSES EXCEPT FOR TRANSLATION
DIFFERENCES WHICH AMOUNT TO ABOUT EUR -8.6 MILLION

Source text for Eikon:  ID:nGNE3tNTBy 
Further company coverage:  ASPO.HE 

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