Brief: Beijer Acquires Shravan Engineering In India

Beijer Ref AB (publ)

05/04/2023 14:31

April 5 (Reuters) - Beijer Ref AB (publ)  BEIJb.ST :
    * BEIJER REF EXPANDS ITS GEOGRAPHICAL PRESENCE IN INDIA WITH
THE
ACQUISITION OF SHRAVAN ENGINEERING
    * SIGNED A BINDING AGREEMENT TO ACQUIRE 100 PERCENT OF
ASSETS OF
SHRAVAN ENGINEERING
    * IN CONNECTION WITH THIS ACQUISITION, BEIJER REF IS
STARTING A
NEW COMPANY IN INDIA WHERE SELLERS WILL REINVEST 26 PERCENT OF
PURCHASE PRICE

Source text for Eikon:  ID:nWkr64flVn 
Further company coverage:  BEIJb.ST 

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