Brief: VMP Progresses With Integration Of Smile

Eezy Oyj

03/10/2019 06:07

Oct 3 (Reuters) - Vmp Oyj  VMP.HE :
    * REG-VMP PROGRESSES WITH THE INTEGRATION OF SMILE
    * HAS PROGRESSED WITH INTEGRATION OF SMILE ACQUISITION
COMPLETED
IN AUGUST
    * IDENTIFIED SOME OVERLAPPING IN PERSONNEL,
    * OVERLAPPING IN PERSONNEL MAY LEAD TO A REDUCTION OF A
MAXIMUM OF
20 SALARIED EMPLOYEES IN VARIOUS GROUP COMPANIES IN 2019
    * BASED ON CURRENT ESTIMATE, COST SYNERGY BENEFITS OF
APPROX. 5
MILLION EURO ARE EXPECTED TO ARISE FROM COMBINATION

Source text for Eikon:  ID:nGNE7cm1pz 
Further company coverage:  VMP.HE 

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