Brief: Muehlhan Signed Contract For Sale Of MDK Energy And Muehlhan Industrial Services

Muehlhan AG

01/11/2021 07:08

Nov 1 (Reuters) - MUEHLHAN AG  M4NG.DE :
    * CONTRACT SIGNED FOR THE SALE OF MDK ENERGY A/S AND
MUEHLHAN
INDUSTRIAL SERVICES LTD. (OIL & GAS DIVISION)
    * IT IS NOT NECESSARY TO ADJUST THE FORECAST FOR EBIT FOR
THE
CURRENT FINANCIAL YEAR
    * TRANSACTION FURTHER IMPLEMENTS MUEHLHAN AG'S STRATEGY OF
FOCUSING ON ITS CORE BUSINESS. AT THE SAME TIME, THE BUSINESS IS
BEING TRANSFERRED TO A BUYER WHO INTENDS TO EXPAND IT FURTHER.
    * TRANSACTION INCLUDES POTENTIAL EARN-OUT COMPONENTS THAT
MAY BE
REALIZED IN THE COMING 2022 FINANCIAL YEAR

Source text for Eikon:  ID:nEQNf1RSa 
Further company coverage:  M4NG.DE 

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