Brief: Inin Group To Acquire Railway Contractor

Inin AS

04/07/2023 15:54

July 4 (Reuters) - Inin Group AS  ININ.OL :
    * PLANNED ACQUISITION OF RAILWAY CONTRACTOR
    * UNIT NORDIC INFRASTRUCTURE AGREED TO PRINCIPAL TERMS OF
AGREEMENT TO ACQUIRE 100% OF SHARES IN RAILWAY CONTRACTOR
BANEFJELL AS
    * IN 2022, BANEFJELL DELIVERED REVENUE OF NOK 103 MILLION
WITH AN
OPERATING PROFIT (EBIT) OF NOK 7 MILLION
    * SIGNING OF SHARE PURCHASE AGREEMENT AND CLOSING IS
EXPECTED TO
OCCUR BETWEEN THIRD AND Q4 2023

Source text for Eikon:  ID:nObiC0Z4Ta 
Further company coverage:  ININ.OL 

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