Brief: Cargotec Corp Sells Macgregor Business To Funds Managed By Triton For An Enterprise Value Of EUR 480 Million To Support Hiab's Future Growth
14/11/2024 19:08
Nov 14 (Reuters) - Cargotec Corp CGCBV.HE :
* CARGOTEC CORP: SELLS MACGREGOR BUSINESS TO FUNDS MANAGED
BY
TRITON FOR AN ENTERPRISE VALUE OF EUR 480 MILLION TO SUPPORT
HIAB'S FUTURE GROWTH
* CARGOTEC CORP: EXPECTS TO RECORD A TAX-EXEMPT LOSS OF
APPROXIMATELY EUR 200 MILLION ON TRANSACTION IN Q4 2024 RESULTS
Source text: ID:nGNE7b9vy1
Further company coverage: CGCBV.HE
((Reuters.Briefs@thomsonreuters.com;))
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