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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Brief: Norbit Signs Term Sheet For Potential Oceans Segment Acquisition