Brief: Atria Enters Agreement For Sale Of Russian Subsidiary OOO Pit-Product
15/02/2021 14:33
Feb 15 (Reuters) - Atria Oyj ATRAV.HE :
* ATRIA HAS ENTERED INTO AN AGREEMENT FOR THE SALE OF ITS
RUSSIAN
SUBSIDIARY OOO PIT-PRODUCT
* TRANSACTION IS EXPECTED TO CLOSE DURING FIRST HALF OF 2021
* IMPACT OF DIVESTED BUSINESS ON ATRIA GROUP'S NET SALES IS
APPROXIMATELY EUR 35 MILLION
* BUSINESS HAS BEEN LOSS-MAKING
* FINAL PURCHASE PRICE WILL BE DETERMINED AT CLOSING OF
TRANSACTION AND DIVESTMENT IS NOT EXPECTED TO HAVE ANY OTHER
SIGNIFICANT EFFECT ON CONSOLIDATED RESULT
Source text for Eikon: ID:nWkrb3yN74
Further company coverage: ATRAV.HE
(Gdansk Newsroom)
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