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MUX Mutares SE & Co KgaA News Story

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Brief: Mutares To Sell NEM Energy Group To Hyundai Heavy Industries Power Systems

BRIEF-Mutares To Sell NEM Energy Group To Hyundai Heavy Industries Power Systems

- MUTARES SE & CO KGAA MUXG.DE:

  • HAS SIGNED AN AGREEMENT TO SELL NEM ENERGY GROUP TO HYUNDAI HEAVY INDUSTRIES POWER SYSTEMS (“HPS”)

  • PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE AND CONTRACTUAL DETAILS

  • CLOSING OF NEM ENERGY GROUP SALE EXPECTED IN Q3 2026, SUBJECT TO REGULATORY APPROVALS

  • REGULATORY APPROVALS AND IS CURRENTLY EXPECTED IN Q3 OF 2026

Source text: ID:nEQ3wB3f2a

Further company coverage: MUXG.DE



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