Brief: Abax, Greater Than Enter Into Settlement Agreement
30/07/2026 10:55
BRIEF-Abax, Greater Than Enter Into Settlement Agreement July 30 (Reuters) - Abax AS:
ABAX AND GREATER THAN HAVE TODAY ENTERED INTO SETTLEMENT AGREEMENT, RESOLVING ALL OUTSTANDING DISPUTES BETWEEN TWO COMPANIES
UNDER TERMS OF SETTLEMENT, ABAX WILL PAY GREATER THAN A TOTAL AMOUNT OF SEK 64 MILLION DURING Q3 OF 2026
GREATER THAN'S ORIGINAL CLAIMS IN TWO DISPUTES AMOUNTED TO ABOUT SEK 820 MILLION, EXCLUDING INTEREST
THE SETTLEMENT IS A COMMERCIAL RESOLUTION OF DISPUTES, DOES NOT CONSTITUTE ANY ADMISSION OF LIABILITY OR WRONGDOING BY EITHER PARTY
Source text: ID:nWkrcgC42c
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