Brief: Instalco Divests Tim Kyla

Instalco AB

03/07/2023 07:24

July 3 (Reuters) - Instalco AB  INSTAL.ST :
    * INSTALCO DIVESTS TIM KYLA AB
    * DECIDED TO DIVEST TIM KYLA AB (TIMAB), A COMPANY WITH 38
EMPLOYEES AND ANNUAL NET SALES OF APPROXIMATELY SEK 89 MILLION
    * DIVESTMENT IS DONE TO STREAMLINE OPERATIONS IN INSTALCO'S
STOCKHOLM BUSINESS AREA
    * DIVESTMENT IS EXPECTED TO CLOSE DURING JULY

Source text for Eikon:  ID:nWkrbJwR1D 
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