Brief: Ekobot Enters Into LOI With HH Agriculture

Newlist AB (publ)

09/04/2024 07:31

April 9 (Reuters) - Ekobot AB  EKOBOT.ST :
    * SAID ON MONDAY HAS ENTERED INTO LOI WITH HH AGRICULTURE
INVESTMENTS THROUGH WHICH CO WILL TRANSFER ITS ENTIRE BUSINESS
TO HH AGRICULTURE
    * TRANSACTION IS INTENDED TO BE COMPLETED DURING MAY 2024
    * BUYER HAS UNDERTAKEN TO TAKE OVER ONE OF CO'S EXISTING
BANK
LOANS AND ANOTHER OF CO'S EXISTING DEBT OBLIGATIONS, AMOUNTING
TO TOTAL OF ABOUT EUR 540,000

        
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 Further company coverage:  EKOBOT.ST  

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