Brief: Phoenix Mecano Says Signed Agreement With Kontron Group For Sale Of W-Ie-Ne-R Power Electronics And W-Ie-Ne-R Power As Well As Hartmann Electronic

Phoenix Mecano AG

28/08/2023 06:12

Aug 28 (Reuters) - Phoenix Mecano AG  PMN.S :
    * PHOENIX MECANO -AGREEMENT WITH SDAX- AND KONTRON GROUP FOR
SALE
OF W-IE-NE-R POWER ELECTRONICS AND W-IE-NE-R POWER AS WELL AS
HARTMANN ELECTRONIC
    * PHOENIX MECANO AG  - WITH A SALES PRICE OF AROUND EUR 22
MILLION
PHOENIX MECANO EXPECTS A ONE-OFF GAIN OF AROUND EUR 10 MILLION
AT OPERATING RESULT LEVEL
    * PHOENIX MECANO -AGREEMENT WITH KONTRON GROUP FOR SALE OF
W-IE-NE-R POWER ELECTRONICS AND W-IE-NE-R POWER AS WELL AS
HARTMANN ELECTRONIC (REMOVES EXTRANEOUS WORD)

Source text for Eikon:  ID:nEQbspMCca 
Further company coverage:  PMN.S 

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