Brief: Oceanteam ASA Divests The Solutions Business
15/12/2022 17:38
Dec 15 (Reuters) - Oceanteam ASA OTS.OL :
* DIVESTS THE SOLUTIONS BUSINESS AND INTENDS TO SPEED UP THE
TRANSITION TOWARDS NEW, INNOVATIVE AND ESG BUSINESS
OPPORTUNITIES
* SIGNED A SHARE PURCHASE AGREEMENT FOR SALE OF ENTIRE
SOLUTIONS
SEGMENT WITH A STRATEGIC BUYER BETTER SUITED FOR THIS BUSINESS
* TRANSACTION VALUE IS 5.125 MIO EUR, VALUATION HAS BEEN
VERIFIED
BY AN INDEPENDENT BUSINESS VALUATOR AS FAIR VALUE
* IN DISCUSSIONS AND NEGOTIATIONS WITH SEVERAL INVESTMENT
BANKS
AND OTHER POTENTIAL PARTNERS EVALUATING A RANGE OF PROPOSITIONS
Source text for Eikon: ID:nObiqWkcWa
Further company coverage: OTS.OL
((Reuters.Briefs@thomsonreuters.com;))