Brief: Vestum Divests Majority Of Flowa Technology Segment For SEK 6.5 Bln
BRIEF-Vestum Divests Majority Of Flowa Technology Segment For SEK 6.5 Bln June 11 (Reuters) - Vestum AB VESTUM.ST
SAID ON WEDNESDAY DIVESTS THE MAJORITY OF ITS FLOWA TECHNOLOGY SEGMENT FOR SEK 6.5 BILLION ON A CASH- AND DEBT-FREE BASIS
DIVESTMENT IS EXPECTED TO RESULT IN A CAPITAL GAIN OF APPROXIMATELY SEK 3.5 BLN
BOARD OF DIRECTORS HAS ALSO APPOINTED CONNY RYK AS THE NEW CEO OF VESTUM, EFFECTIVE AS OF JUNE 10
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Further company coverage: VESTUM.ST
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