Brief: Aurelius Acquires Panasonic's European Consumer Battery Business

AURELIUS Equity Opportunities SE & Co KGaA

17/03/2021 08:36

March 17 (Reuters) - AURELIUS EQUITY OPPORTUNITIES SE & CO
KGAA  AR4G.DE :
    * DGAP-NEWS: AURELIUS ACQUIRES PANASONIC'S EUROPEAN CONSUMER
BATTERY BUSINESS
    * AURELIUS - CARVE-OUT OF A DIVISION FROM PANASONIC EUROPE
B.V. IN
TWO SEPARATE EUROPEAN COUNTRIES DEMONSTRATES AURELIUS'S
EXPERTISE IN EXECUTING COMPLEX CROSS-BORDER DIVESTMENTS
    * AURELIUS - TRANSACTION IS SUBJECT TO APPROVAL BY COMPETENT
COMPETITION AUTHORITIES AND IS EXPECTED TO CLOSE IN Q2 OF 2021
    * AURELIUS - FINANCIAL TERMS OF DEAL ARE UNDISCLOSED

Source text for Eikon:  ID:nEQ8mW694a 
Further company coverage:  AR4G.DE 

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