Brief: Efore Signs LOI Concerning Joint Enterprise With Chinese Power Supply Partner

Enedo Oyj

27/11/2018 16:01

Nov 27 (Reuters) - Efore Plc  EFO1V.HE :
    * REG-EFORE PLC HAS SIGNED A LETTER OF INTENT CONCERNING A
JOINT
ENTERPRISE WITH A CHINESE POWER SUPPLY PARTNER
    * AS PART OF LETTER OF INTENT, PARTIES HAVE AGREED ON MUTUAL
DUE
DILIGENCE REVIEWS TO ENSURE THEIR JOINT GOALS
    * GOAL IS TO IMPLEMENT COOPERATION ARRANGEMENT IN Q1 OF 2019
    * LETTER OF INTENT IS NOT BINDING AND DOES NOT OBLIGATE
PARTIES TO
SIGN A FINAL AGREEMENT

Source text for Eikon:  ID:nGNE8wP9R8 
Further company coverage:  EFO1V.HE 

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