Brief: Landis+gyr Divests EMEA Business To Aurelius For An Enterprise Value Of $215 Million
29/09/2025 05:53
Sept 29 (Reuters) - Landis+Gyr Group AG LANDI.S: LANDIS+GYR GROUP AG- LANDIS+GYR DIVESTS EMEA BUSINESS TO AURELIUS LANDIS+GYR GROUP AG-ENTERED INTO SHARE PURCHASE AGREEMENT TO DIVEST OPERATIONS IN EUROPE, MIDDLE EAST AND AFRICA TO AURELIUS FOR AN ENTERPRISE VALUE OF $215 MILLION LANDIS+GYR-DEAL TO RESULT IN A PROVISIONAL NON-CASH IMPAIRMENT CHARGE RELATED TO CARRYING VALUE OF EMEA BUSINESS OF ABOUT $190 MILLION IN H1 RESULTS Further company coverage: LANDI.S ((Reuters.Briefs@thomsonreuters.com;))