Brief: Reach Subsea: MoA Signed For Sale Of Viking Reach And Onboard Wrov

Reach Subsea ASA

04/08/2026 07:05

Aug 4 (Reuters) - Reach Subsea ASA REACH.OL:
MOA SIGNED FOR SALE OF VIKING REACH AND ONBOARD WROV
EXPECTS TO RECOGNIZE AN ACCOUNTING GAIN OF APPROXIMATELY NOK 40 MILLION RELATED TO ITS OWNERSHIP INTEREST IN EIDESVIK REACH AS
TRANSACTION IS ALSO EXPECTED TO HAVE A SIGNIFICANT POSITIVE LIQUIDITY EFFECT FOR REACH
TOTAL POSITIVE LIQUIDITY EFFECT FOR REACH IS EXPECTED TO BE IN EXCESS OF NOK 200 MILLION
EIDESVIK REACH AS ENTERED INTO A MEMORANDUM OF AGREEMENT WITH AN UNDISCLOSED BUYER FOR SALE OF VESSEL.
Source text: ID:nObi5mJMWa
Further company coverage: REACH.OL

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))