Brief: Bystronic Completes Sale Of Mammut

Bystronic AG

30/06/2021 17:01

June 30 (Reuters) - BYSTRONIC AG  BYS.S :
    * STRATEGIC TRANSFORMATION COMPLETED - SALE OF MAMMUT
FINALIZED
    * MAMMUT BUSINESS UNIT WAS SOLD TO TELEMOS CAPITAL, LONDON,
UK,
FOR AN ENTERPRISE VALUE OF CHF 230 MILLION, INCLUDING AN
EARN-OUT STRUCTURE OF UP TO CHF 45 MILLION

Source text for Eikon:  ID:nEQ7D8nhxa 
Further company coverage:  BYS.S 

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