Brief: Georg Fischer Closes Divestment Of GF Machining Solutions
30/06/2025 17:06
June 30 (Reuters) - GEORG FISCHER AG GF.S: GEORG FISCHER AG - CLOSES DIVESTMENT OF GF MACHINING SOLUTIONS GEORG FISCHER AG - PUBLICATION OF GF'S MID-YEAR 2025 REPORT HAS BEEN RESCHEDULED TO 24 JULY 2025 GEORG FISCHER AG - AGREED PURCHASE PRICE ON A CASH AND DEBT-FREE BASIS IS CHF 630 MILLION GEORG FISCHER AG - DIVESTMENT OF GF MACHINING SOLUTIONS WILL RESULT IN A SIGNIFICANT ONE-TIME BOOK GAIN IN FIRST HALF OF 2025 GEORG FISCHER AG - RELATED CASH FLOW WILL BE USED TO REPAY ACQUISITION-RELATED BANK DEBT AND FURTHER STRENGTHEN GROUP'S BALANCE SHEET Source text: ID:nPLXE2C959 Further company coverage: GF.S (Gdansk Newsroom) ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))