Brief: Doro Not To Divest German Subsidiary IVS

Doro AB

26/09/2024 06:22

Sept 26 (Reuters) - Doro AB  DORO.ST :
    * SAID ON WEDNESDAY DORO AB AND FONUA MUTUALLY AGREE NOT TO
FINALISE THE TRANSACTION FOR DIVESTMENT OF DORO'S GERMAN
SUBSIDIARY IVS
    * PARTIES HAVE COME TO JOINT CONCLUSION, DURING TIMEFRAME
BETWEEN
SIGNING AND CLOSING, THAT CURRENT RELATIONSHIP IS COMMERCIALLY
AND STRATEGICALLY MOST BENEFICIAL TO BOTH PARTIES
    * PARTIES WILL LARGELY CARRY THEIR OWN COSTS OF WHICH DORO
CONSIDER TO BE NON-MATERIAL

        
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