Brief: Momentum Group Acquires Polymore
Tue 10:26
BRIEF-Momentum Group Acquires Polymore Oct 20 (Reuters) - Momentum Group AB MMGRb.ST:
MOMENTUM GROUP ACQUIRES POLYMORE – STRENGTHENS POSITION IN WATER TREATMENT
AGREEMENT TO ACQUIRE 100 PERCENT OF SHARES IN POLYMORE AB
OPERATIONS ARE BASED IN BÅLSTA, SWEDEN AND HAS ANNUAL TURNOVER OF APPROXIMATELY SEK 25 MILLION WITH SIX EMPLOYEES
CLOSING TAKES PLACE IMMEDIATELY
ACQUISITION IS EXPECTED TO HAVE A MARGINAL POSITIVE IMPACT ON MOMENTUM GROUP'S EARNINGS PER SHARE IN CURRENT FINANCIAL YEAR.
Source text: ID:nMFN8h3KFr
Further company coverage: [MMGRb.ST]
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