Brief: Raen Signs LOI For Take-over Of Era PV

Grupa Virtus SA

03/10/2023 12:17

Oct 3 (Reuters) - Raen SA  RAE.WA :
    * SIGNS LOI WITH ERA PV
    * LOI FOR INVESTMENT AND PURCHASE OF STAKE IN ERA PV
    * UNDER LOI COMPANY AIMS TO BUY STAKE THAT WILL ENABLE IT TO
TAKE
OVER ERA PV
    * ERA PV OPERATES IN DEVELOPMENT OF PROJECTS CONNECTED TO
RENEWABLE ENERGY SOURCES
    * ERA PV'S FY 2022 SALES REVENUE CAME AT 16.5 MILLION ZLOTYS
    * ERA PV'S FY 2022 OPERATING PROFIT CAME AT 1.0 MILLION
ZLOTYS
    * UNDER LOI COMPANY IS INTERESTED IN INVESTING 2.5 MILLION
ZLOTYS
FOR TAKE OVER GOAL

Source text for Eikon:  ID:nEM1FXlka 
Further company coverage:  RAE.WA 

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