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NORBT Norbit ASA News Story

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Brief: Norbit Signs Term Sheet For Potential Oceans Segment Acquisition

May 6 (Reuters) - Norbit ASA NORBT.OL:

IN EXCLUSIVE NEGOTIATIONS FOR ADD-ON ACQUISITION IN OCEANS SEGMENT

PRELIMINARY DEAL PRICE VALUES TARGET AT NOK 330 MILLION CASH AND DEBT-FREE

DEAL SIGNING AND CLOSING TARGETED FOR END OF JUNE

SIGNS TERM SHEET FOR POTENTIAL OCEANS SEGMENT ACQUISITION

Source text: ID:nGNEcgKZQ4

Further company coverage: NORBT.OL

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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