Brief: Havyard Group Sells 75% Shareholding In MMC First Process AS

Eqva ASA

03/06/2019 08:06

June 3 (Reuters) - Havyard Group ASA  HYARD.OL :
    * BUYER CHOSEN FOR TAKEOVER OF MMC FIRST PROCESS AS
    * TRANSACTION IS BASED ON A TOTAL VALUATION OF MMCFP TO MNOK
310
    * CHOSEN BUYER IS A CONSORTIUM CONSISTING OF CURRENT
MINORITY
SHAREHOLDERS IN FIRST PROCESS HOLDING WHERE CEO PETTER LEON
FAUSKE OWNS MAJORITY
    * TRANSACTION WILL UPON COMPLETION PROVIDE SUBSTANTIAL
LIQUIDITY
FOR COMPANY IN AMOUNT OF MNOK 225

Source text for Eikon:  ID:nObiV6WGba 
Further company coverage:  HYARD.OL 

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