Brief: Exail Technologies Divests Its Automation Business
15/05/2026 06:33
May 15 (Reuters) - Exail Technologies SA EXA.PA: EXAIL TECHNOLOGIES ANNOUNCES DIVESTMENT OF ITS AUTOMATION BUSINESS ACTIVITY HAS BEEN SOLD TO ITS CURRENT MANAGING DIRECTOR, WITH COMPLETION EFFECTIVE AS OF MAY 2026 THIS TRANSACTION WILL ENHANCE PROFITABILITY PROFILE OF ADVANCED TECHNOLOGIES SEGMENT ACTIVITY CURRENTLY HAS LIMITED SYNERGIES WITH GROUP'S CORE BUSINESSES IMPACT OF DIVESTMENT ON GROUP'S CASH POSITION IS NOT SIGNIFICANT Source text: ID:nACT98288 Further company coverage: EXA.PA (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48587696600;;))