Brief: Momentum Group Acquires Finnish Hydjan

Momentum AB

02/05/2024 08:57

May 2 (Reuters) - Momentum Group AB  MMGRb.ST :
    * ACQUIRES FINNISH HYDJAN – STRENGTHENS ITS POSITION IN
HYDRAULICS
    * HAS TODAY SIGNED AN AGREEMENT TO ACQUIRE 100 PER CENT OF
SHARES
IN HYDJAN OY
    * CLOSING WILL TAKE PLACE IMMEDIATELY AND ACQUISITION IS
EXPECTED
TO HAVE A MARGINAL POSITIVE IMPACT ON MOMENTUM GROUP'S EARNINGS
PER SHARE DURING CURRENT FINANCIAL YEAR

Source text for Eikon:  ID:nMFNbccFNs 
Further company coverage:  MMGRb.ST 

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