Brief: NTG Nordic Transport Group Completes Acquisition Of 85% Of Shares In Ebrex Business Solutions

NTG Nordic Transport AS

27/02/2020 14:24

Feb 27 (Reuters) - NTG Nordic Transport Group A/S
 NTGNT.CO :
    * REG-NTG NORDIC TRANSPORT GROUP A/S COMPLETES THE
ACQUISITION OF
85% OF THE SHARES IN EBREX BUSINESS SOLUTIONS LTD.
    * TRANSACTION WILL NOT IMPACT PREVIOUSLY COMMUNICATED
GUIDANCE FOR
NTG'S 2019 FINANCIAL RESULTS
    * NTG EXPECTS TO ACHIEVE ANNUAL COST SYNERGIES OF AROUND EUR
1.5
MILLION FOR COMBINED ENTITIES
    * SYNERGIES ARE EXPECTED TO HAVE FULL-YEAR EFFECT FROM Q2
2021

Source text for Eikon:  ID:nGNE63DTT1 
Further company coverage:  NTGNT.CO 

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