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PNE3 PNE AG News Story

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Brief: PNE Sells US Division To Lotus Infrastructure Partners

June 6 (Reuters) - PNE AG  PNEGn.DE :
    * SUCCESSFULLY SELLS ITS US DIVISION TO LOTUS INFRASTRUCTURE
PARTNERS
    * BOTH PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE
    * A DOWN PAYMENT WAS MADE AT CLOSING, MAJORITY OF FURTHER
PAYMENTS
WILL DEPEND ON PROGRESS OF PROJECTS

Source text for Eikon:  ID:nEQ6Rc703a 
Further company coverage:  PNEGn.DE 

 (Gdansk Newsroom)
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