PNE up as it says it has received number of bids for its U.S. business

PNE AG

25/04/2023 08:44

** Shares in PNE  PNEGn.DE  rise 3.3% after the German wind
farm developer said a number of potential suitors have submitted
non-binding offers for the planned sale of its U.S. business
    ** PNE says it is still open regarding the price and buyer
of the business; negotiations on sale are to begin in the near
future
    ** The company says that if a sale is concluded, it could
lead to the generation of corresponding extraordinary income,
depending on the purchase price
    ** It has engaged Nomura to assist in the sales process
    ** PNE is among top gainers on Germany's small-cap index
 .SDAXI  

 (Reporting by Paolo Laudani)
 ((Paolo.laudani@thomsonreuters.com))