Brief: Orkla Announces The Sale Of Lilleborg

Orkla ASA

12/06/2024 12:21

June 12 (Reuters) - Orkla ASA  ORK.OL :
    * ORKLA ANNOUNCES THE SALE OF LILLEBORG
    * TRANSACTION VALUES LILLEBORG AT NOK 600 MILLION ONA CASH
AND
DEBT FREE BASIS.
    * TO SELL 100% OF SHARES IN LILLEBORG AS TO SOLENIS,
EFFECTIVE AS
OF 12 JUNE 2024
    * ORKLA'S PROFIT FROM SALE IS ESTIMATED TO NOK 475 MILLION

Source text for Eikon:  ID:nWkr8d0Wz6 
Further company coverage:  ORK.OL 

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