Brief: PNE AG: Progress With The Intended Sale Of The US Business

PNE AG

24/04/2023 16:42

April 24 (Reuters) - PNE AG  PNEGn.DE :
    * PROGRESS WITH THE INTENDED SALE OF THE US BUSINESS
    * INTENDS TO SELL ITS US BUSINESS AND HAS ENGAGED NOMURA
GROUP TO
ASSIST IN A CORRESPONDING SALES PROCESS
    * AS PART OF THIS SALES PROCESS, A NUMBER OF POTENTIAL
ACQUIRERS
HAVE NOW SUBMITTED NON-BINDING OFFERS
    * IT IS STILL OPEN AT PRESENT WHETHER AND, IF SO, AT WHAT
PRICE
AND TO WHICH POTENTIAL BUYER A SALE OF US BUSINESS COULD
ACTUALLY TAKE PLACE
    * IF AN AGREEMENT ON SALE OF US BUSINESS IS ACTUALLY
CONCLUDED,
THIS COULD LEAD TO GENERATION OF CORRESPONDING EXTRAORDINARY
INCOME, DEPENDING ON RESPECTIVE PURCHASE PRICE
    * NEGOTIATIONS ON SALE ARE TO BEGIN WITH SELECTED BIDDERS IN
NEAR
FUTURE

Source text for Eikon:  ID:nEQ2l5JHTa 
Further company coverage:  PNEGn.DE 

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