Brief: Panostaja's Grano To Sell Its SokoPro Business To iBinder

Panostaja Oyj

23/12/2021 07:49

Dec 23 (Reuters) - Panostaja Oyj  PNA1V.HE :
    * GRANO TO SELL ITS SOKOPRO BUSINESS SPECIALISING IN DIGITAL
PROJECT MANAGEMENT SERVICE IN THE CONSTRUCTION INDUSTRY
    * DEAL IS EXPECTED TO BE COMPLETED BY END OF JANUARY 2022.
    * PANOSTAJA'S GRANO SEGMENT HAS SIGNED AN AGREEMENT ON SALE
OF ITS
SOKOPRO BUSINESS TO INTERNATIONAL COMPANY IBINDER.
    * SALES PRICE OF SHARES IS APPROXIMATELY EUR 45.5 MILLION
AND WILL
BE PAID IN ONE INSTALMENT IN CASH ONCE DEAL HAS BEEN FINALISED.

Source text for Eikon:  ID:nGNE7QVZz 
Further company coverage:  PNA1V.HE 

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