Brief: Link Mobility Announces Termination Of Non-Binding Term Sheet To Acquire Soprano

LINK Mobility Holding ASA

19/09/2021 17:51

Sept 19 (Reuters) - Link Mobility Group Holding ASA
 LINKM.OL :
    * LINK MOBILITY: TERMINATION OF NON-BINDING TERM SHEET TO
ACQUIRE
SOPRANO
    * REACHED A MUTUAL UNDERSTANDING WITH SOPRANO DESIGN TO NOT
PROCEED WITH INTENDED TRANSACTION
    * PARTIES HAVE BEEN DISCUSSING CHANGES TO TERM SHEET THIS
WEEK BUT
WERE NOT ABLE TO RECONCILE ON NEW TERMS
    * PARTIES HAVE TODAY ENDED NEGOTIATIONS AND TERMINATED TERM
SHEET

Source text for Eikon:  ID:nObimsLzDa 
Further company coverage:  LINKM.OL 

 ((Reuters.Briefs@thomsonreuters.com;))