Brief: NTG Nordic Transport Group Buys 85% In Ebrex Business Solutions

NTG Nordic Transport AS

20/12/2019 07:27

Dec 20 (Reuters) - NTG Nordic Transport Group A/S
 NTGNT.CO :
    * ACQUIRES 85% OF THE SHARES IN EBREX BUSINESS SOLUTIONS
LTD.
    * TRANSACTION VALUES 100% OF SHARES IN EBREX AT EUR
19,800,000 ON
A NET DEBT-FREE BASIS, EXCLUDING IFRS 16 EFFECTS
    * NTG WILL FINANCE PURCHASE PRICE WITH AVAILABLE CASH AND
ITS
CREDIT FACILITIES.
    * TRANSACTION WILL NOT IMPACT PREVIOUSLY COMMUNICATED
GUIDANCE FOR
NTG'S 2019 FINANCIAL RESULTS
    * TRANSACTION VALUES 100% OF SHARES IN EBREX AT EUR
19,800,000 ON
A NET DEBT-FREE BASIS, EXCLUDING IFRS 16 EFFECTS

Source text for Eikon:  ID:nGNEbytX37 
Further company coverage:  NTGNT.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))