Brief: Inin Group's Nordic Infrastructure Agrees To Acquire Team 1435

Inin AS

16/01/2023 14:49

Jan 16 (Reuters) - Inin Group AS  ININ.OL :
    * ININ GROUP AS: NORDIC INFRASTRUCTURE GROUP SIGNS AGREEMENT
TO
ACQUIRE TEAM 1435 AS
    * NOK 27.5 MILLION CONSIDERATION FOR ACQUIRING ALL SHARES IN
TEAM
1435
    * CONSIDERATION WILL BE SETTLED BY 70 PERCENT IN CASH AND 30
PERCENT IN SHARES IN NORDIC INFRASTRUCTURE GROUP, WHICH IS
VALUED AT NOK 210 MILLION IN TRANSACTION
    * CLOSING IS EXPECTED TO BE ON IN FEBRUARY 2023
    * SHARE PURCHASE AGREEMENT IS EXPECTED TO BE SIGNED IN
FEBRUARY
2023

Source text for Eikon:  ID:nObijCPs1a 
Further company coverage:  ININ.OL 
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