Brief: Oxe Marine AB Joins Forces With US Distributor Diesel Outboards And Outdoor Network
22/12/2021 24:06
Dec 21 (Reuters) - Oxe Marine AB OXEMA.ST :
* OXE MARINE AB (PUBL) JOINS FORCES WITH US DISTRIBUTOR
DIESEL
OUTBOARDS AND OUTDOOR NETWORK
* OXE MARINE AB OXEMA.ST - MAGNUS GRÖNBORG HAS DECIDED TO
STEP-DOWN AS CEO DUE TO PERSONAL REASONS
* OXE MARINE AB - BOARD OF DIRECTORS HAS APPOINTED ANDERS
BERG AS
ACTING CEO, COMMENCING THIS ROLE DURING JANUARY BUT NO LATER
THAN 31ST OF JANUARY
* OXE MARINE - ENTERED INTO AGREEMENT TO ACQUIRE 100% OF
DIESEL
OUTBOARDS AND OUTDOOR NETWORK MANUFACTURING'S US DISTRIBUTION
AND MANUFACTURING BUSINESS
* OXE MARINE AB OXEMA.ST - MARTIN POLO, CEO OF OUTDOOR
NETWORK
GROUP, WILL HAVE A SEAT ON BOARD OF OXE
* OXE MARINE AB OXEMA.ST - PURCHASE PRICE OF USD 10.8 MLN,
IS TO
BE FINANCED THROUGH A SHARE ISSUE IN KIND TO SELLING ENTITY
POWERSPORTS PLUS LLC
Source text for Eikon: ID:nWkr8Xc6bs
Further company coverage: OXEMA.ST
((Reuters.Briefs@thomsonreuters.com;))