Brief: McPhy Energy Receives Binding Offer From Atawey For Sale Of Its Station Business
19/02/2024 06:36
Feb 19 (Reuters) - Mcphy Energy SA MCPHY.PA :
* MCPHY RECEIVES A BINDING OFFER FROM ATAWEY FOR THE SALE OF
ITS
STATION BUSINESS
* FIXED PART OF PROPOSED PRICE FOR SALE WOULD BE BETWEEN EUR
11
MILLION AND EUR 12 MILLION
* TRANSACTION SHOULD ENABLE MCPHY TO FOCUS ON ITS CORE
BUSINESS AS
AN ELECTROLYZER MANUFACTURER
* TRANSACTION IS EXPECTED TO BE FINALIZED DURING 2ND QUARTER
OF
2024
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