Brief: Bewi Raw Materials Unit Joins Forces With Unipol

Bewi ASA

05/02/2025 06:03

Feb 5 (Reuters) - Bewi ASA  BEWI.OL :
    * MERGER TO CREATE LEADING EPS RAW MATERIAL COMPANY,
FACILITATING
GROWTH OF DOWNSTREAM BUSINESS
    * CO'S  RAW MATERIAL DIVISION JOINS FORCES WITH UNIPOL TO
CREATE
LEADING EPS PRODUCER IN EUROPE
    * MAINTAINS 49% OWNERSHIP AND JOINT CONTROL OF COMBINED
COMPANY
    * RECEIVES UP TO EUR 75 MILLION CASH
    * AGREEMENT WITH ROCK CAPITAL GROUP, OWNER OF UNIPOL
    * TRANSACTION WILL REDUCE BEWI'S LEVERAGE

Source text:  ID:nWkr904W6 
Further company coverage:  BEWI.OL 

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