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Brief: Nexans Enters Exclusive Negotiations To Sell Autoelectric To Motherson

Dec 22 (Reuters) - Nexans SA NEXS.PA:

ENTERS EXCLUSIVE NEGOTIATIONS TO SELL AUTOELECTRIC TO MOTHERSON

DEAL VALUED AT €207 MILLION

DEAL COMPLETION EXPECTED MID-2026

2025 GUIDANCE, AS UPDATED ON 30TH JULY 2025, REMAINS UNCHANGED

CONFIRMS ITS 2028 GUIDANCE WHICH REMAINS UNCHANGED

2025 GUIDANCE ALIGNED WITH NEW SCOPE: EBITDA €710-€760 MILLION

Source text: ID:nGNEbJSlbZ

Further company coverage: NEXS.PA

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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