Brief: SKEL's Styrkás To Acquire Hreinsitækni, HRT Þjónusta

Skel fjarfestingafelag hf

07/11/2025 07:54

Nov 7 (Reuters) - SKEL fjárfestingafélag hf SKEL.IC

SAID ON THURSDAY STYRKÁS HF., 45.7% OWNED BY SKEL, HAS SIGNED AGREEMENT TO ACQUIRE ALL SHARES IN HREINSITÆKNI EHF., HRT ÞJÓNUSTU EHF., AND RELATED COS

SHARE PURCHASE PRICE AMOUNTS TO ABOUT ISK 7 BILLION, OF WHICH 25% WILL BE PAID IN CASH, 75% WILL BE PAID THROUGH ISSUANCE OF NEW SHARES IN STYRKÁS AT ISK 24.5 PER SHARE

FOLLOWING TRANSACTION, SHAREHOLDERS OF HREINSITÆKNI WILL OWN ABOUT 17.5% OF STYRKÁS

UPON COMPLETION, SKEL'S OWNERSHIP IN STYRKÁS IS EXPECTED TO BE 37.7%

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 (Gdansk Newsroom)

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