Brief: Vestum Acquires Hanell Entreprenad

Cynca Nordic AB (publ)

15/09/2021 07:04

Sept 15 (Reuters) - Vestum AB (publ)  VESTUM.ST :
    * VESTUM IS GROWING IN INFRASTRUCTURE THROUGH THE
ACQUISITION OF
HANELL ENTREPRENAD WITH SALES OF SEK 75.0 MILLION, EBITDA OF SEK
21.1 MILLION AND EBITA OF SEK 16.5 MILLION
    * PURCHASE PRICE WILL PARTLY BE FINANCED THROUGH PAYMENT IN
REVERSE, WHICH WILL THEN BE SET OFF AGAINST 326,890 SHARES IN
VESTUM THROUGH OFFSET ISSUES
    * TRANSACTION IS EXPECTED TO BE COMPLETED WITHIN
APPROXIMATELY
THREE WEEKS

Source text for Eikon:  ID:nBQN3rnfBk 
Further company coverage:  VESTUM.ST 

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