Brief: Skako Enters LoI With Zefyr On Sale Of Co Segments

Investeringsselskabet Af 3. November 2025 A/S

30/01/2023 07:33

Jan 30 (Reuters) - Skako A/S  SKAKO.CO :
    * SAID ON FRIDAY SIGNS NON-BINDING LETTER OF INTENT WITH
ZEFYR
INVEST IV A/S
    * EXPLORES POSSIBILITIES FOR TRANSACTION AGREEMENT FOR SALE
OF
100% OF 2 OF CO'S 2 BUSINESS SEGMENTS, INCLUDING OPERATING
ACTIVITIES
    * LOI COVERS SEGMENTS SKAKO CONCRETE, SKAKO VIBRATIONS
    * DIVESTMENT EXPECTED TO INCLUDE ALL CO'S DIRECT AND
INDIRECT
SUBSIDIARIES
    * FOLLOWING A COMPLETION OF DIVESTMENT, SKAKO WILL NO LONGER
HAVE
OPERATING ACTIVITIES
    * IN LOI ZEPHYR IS PREPARED TO OFFER TOTAL CASH
CONSIDERATION FOR
ALL CO'S OPERATING ACTIVITIES, CORRESPONDING TO DKK 271 MILLION
IN CASH
    * CORRESPONDS TO VALUE OF ABOUT DKK 87.241 PER SHARE IN CO
    * BOD WELCOMES POTENTIAL TRANSACTION
    * SEES NO INDICATION THAT ZEFYR OR OTHERS WILL MAKE
VOLUNTARY OR
MANDATORY TAKEOVER OFFER TO ACQUIRE ALL OR PART OF SHARES IN CO

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNEZTnCq
 Further company coverage:  SKAKO.CO  
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))