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BITTI - Bittium Oyj News Story

€6.5 -0.2  -2.3%

Last Trade - 11:12am

Sector
Technology
Size
Small Cap
Market Cap £203.9m
Enterprise Value £202.1m
Revenue £67.3m
Position in Universe 708th / 1835

BRIEF-Bittium to distribute net proceeds from sale of its Automotive business

Thu 6th August, 2015 6:03am
Aug 6 (Reuters) - Bittium Oyj  BITTI.HE : 
    * Is planning to distribute net proceeds from sale of its 
Automotive business, a maximum of 595 million euros ($649.26 
million), to its shareholders in the first instance by 
repurchasing own shares in a voluntary public tender offer 
directed to all shareholders of the company 
 
     
Source text for Eikon:  ID:nHUGhmMfP  
     
Further company coverage:  BITTI.HE  
 
($1 = 0.9164 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))
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