Brief: Nibe Acquires English Go Geothermal

Nibe Industrier AB

26/08/2021 09:40

Aug 26 (Reuters) - Nibe Industrier AB  NIBEb.ST :
    * NIBE ACQUIRES ENGLISH GO GEOTHERMAL
    * HAS SIGNED AN AGREEMENT TO ACQUIRE 50% OF SHARES IN
ENGLISH
COMPANY GO GEOTHERMAL LTD AND REMAINING SHARES WITHIN A
FIVE-YEAR PERIOD.
    * PURCHASE PRICE IS NOT SPECIFIED
    * CONSOLIDATION WITHIN NIBE WILL BE FROM 1 SEPTEMBER 2021
    * PURCHASE PRICE IS NOT SPECIFIED BECAUSE ACQUIRED BUSINESS
WILL
ONLY CONSTITUTE A SMALL PART OF NIBE GROUP.

Source text for Eikon:  ID:nNDL7cprnQ 
Further company coverage:  NIBEb.ST 

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