Brief: Elanders Initiates Collaboration With The German Packaging Company

Elanders AB

15/10/2018 15:49

Oct 15 (Reuters) - Elanders AB  ELANb.ST :
    * REG-ELANDERS INITIATES COLLABORATION WITH THE GERMAN PACKAGING COMPANY EDELMANN WHILE ALSO
TRANSFERRING PART OF ITS OPERATIONS IN CHINA
    * DEAL IS EXPECTED TO BE CONCLUDED DURING Q4 2018
    * HAVE A POSITIVE EFFECT ON CASH FLOW OF ABOUT MSEK 20 AND A MINOR NEGATIVE EFFECT ON
OPERATING
RESULT.
    * HAS SIGNED A CONTRACT TO TRANSFER ITS BEIJING, CHINA OPERATIONS IN PRINT & PACKAGING
SOLUTIONS
TO EDELMANN

Source text for Eikon:  ID:nGNEbwZbs2 
Further company coverage:  ELANb.ST 

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