Brief: Gränges Extends Strategic Partnership In Asia

Granges AB

31/05/2024 06:54

May 31 (Reuters) - Granges AB  GRANG.ST :
    * GRÄNGES EXTENDS STRATEGIC PARTNERSHIP TO SUPPORT CONTINUED
ELECTRIFICATION GROWTH IN ASIA
    * EXTENDS ITS LONG-TERM STRATEGIC PARTNERSHIP WITH SHANDONG
INNOVATION GROUP (SIG)
    * AGREEMENT IS EXPECTED TO BE COMPLETED WITHIN APPROXIMATELY
SIX
MONTHS
    * EQUITY TRANSACTION HAS NO IMPACT ON CASH AND IS EXPECTED
TO
CONTRIBUTE MARGINALLY TO GRÄNGES' EARNINGS PER SHARE FROM 2025

Source text for Eikon:  ID:nMFNbN1fcl 
Further company coverage:  GRANG.ST 

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