Brief: SBO Says Reaches Agreement In Long-Standing Legal Dispute

SBO AG

17/11/2023 20:49

Nov 17 (Reuters) - Schoeller Bleckmann Oilfield
Equipment AG  SBOE.VI :
    * EQS-ADHOC: SBO REACHES AGREEMENT IN LONG-STANDING LEGAL
DISPUTE
    * SCHOELLER BLECKMANN OILFIELD EQUIPMENT - REACHED AN
OUT-OF-COURT
SETTLEMENT IN LEGAL DISPUTE WITH A FORMER MINORITY SHAREHOLDER
OF DOWNHOLE TECHNOLOGY
    * SCHOELLER BLECKMANN - WILL ONLY PAY PURCHASE PRICE
STIPULATED IN
PURCHASE AGREEMENT DATED APRIL 1, 2016 AND ASSOCIATED INTEREST
AND ONE-OFF COSTS.

Source text for Eikon:  ID:nEQ6nQYXma 
Further company coverage:  SBOE.VI 

 ((Reuters.Briefs@thomsonreuters.com;))