Brief: Storskogen Acquires Thermica

Storskogen AB (publ)

09/05/2022 06:35

May 9 (Reuters) - Storskogen Group AB (publ)  STORb.ST :
    * STORSKOGEN NORWAY ACQUIRES THERMICA
    * STORSKOGEN HAS ENTERED INTO AN AGREEMENT TO ACQUIRE 80
PERCENT
OF SHARES IN THERMICA AS
    * ACQUISITION IS CONDITIONAL ON APPROVAL FROM NORWEGIAN
COMPETITION AUTHORITIES AND IS EXPECTED TO BE COMPLETED DURING
Q2 OF 2022.
    * THERMICA WILL BE PART OF STORSKOGEN'S VERTICAL ENGINEERING
SERVICES WITHIN BUSINESS AREA SERVICES
    * NOK 63 MILLION OF CONSIDERATION WILL BE PAID WITH NEWLY
ISSUED
B-SHARES IN STORSKOGEN GROUP AB

Source text for Eikon:  ID:nWkr1JP9Z7 
Further company coverage:  STORb.ST 

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