Brief: OT Logistics Signs Heads Of Terms With Rhenus

OT Logistics SA

07/05/2020 16:12

May 7 (Reuters) - OT Logistics SA  OTSL.WA :
    * SAYS SIGNS WITH GERMANY-BASED RHENUS PARTNERSHIP HEADS OF
TERMS 
    * HEADS OF TERMS REGARDS SALE OF 81.08% STAKE IN COMPANY'S
UNIT TO
RHENUS FOR 19.6 MLN EUROS PLUS TAX AND SALE OF SIGNIFICANT PART
OF INLAND FLEET UNITS
    * COMPLETION OF TRANSACTION DEPENDS ON APPROVAL OF GERMAN
ANTIMONOPOLY AUTHORITY

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM8zGbG9a
    
 Further company coverage:  OTSL.WA  
   


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