Brief: Exela Technologies Signs Exclusive Non-Binding Letter Of Intent To Create Stand-Alone European XBP Platform

Exela Technologies

29/08/2022 13:41

Aug 29 (Reuters) - Exela Technologies Inc  XELA.O :
    * EXELA TECHNOLOGIES SIGNS EXCLUSIVE NON-BINDING LETTER OF
INTENT
TO CREATE STAND-ALONE EUROPEAN XBP PLATFORM
    * EXELA TECHNOLOGIES- ONE OF ITS UNITS ENTERED INTEREST 
EXCLUSIVE
NON-BINDING LETTER OF INTENT TO FORM  STAND-ALONE PUBLICLY
LISTED COMPANY OF ITS EMEA BUSINESS
    * EXELA TECHNOLOGIES INC- EQUITY CONSIDERATION OF EXELA'S
STAKE IN
PROPOSED TRANSACTION IS VALUED AT $220 MILLION

Source text for Eikon:  ID:nGNX8qZpf9 
Further company coverage:  XELA.O 

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