Brief: Eltel Says Divests Its High Voltage Business In Poland

Eltel AB

10/04/2024 17:18

April 10 (Reuters) - Eltel AB  ELTEL.ST :
    * ELTEL DIVESTS ITS HIGH VOLTAGE BUSINESS IN POLAND
    * ELTEL -TRANSACTION IS ESTIMATED TO HAVE NEGATIVE CASH FLOW
EFFECT OF EUR 3.75 MILLION; HAVE NET NEGATIVE RESULT OF ABOUT
EUR 23.5 MILLION ON GROUP EBIT
    * TOTAL VALUE OF TRANSACTION FOR ELTEL, INCLUDING MUTARES'
REPLACEMENT OF ELTEL GUARANTEES FOR BUSINESS, IS ABOUT EUR 25
MILLION

Source text for Eikon:  ID:nWkrGzzw5 
Further company coverage:  ELTEL.ST 

 ((Reuters.Briefs@thomsonreuters.com;))