Brief: Sunex Signs Letter Of Intent On Potential Purchase Of 100% Stake In Austrian Company

Sunex SA

14/09/2022 10:30

Sept 14 (Reuters) - Sunex SA  SNXP.WA :
    * SSIGNS LETTER OF INTENT ON POTENTIAL ACQUISITION OF 100%
STAKE
IN AUSTRIAN COMPANY OPERATING IN INSTALLATION AND HEATING
INDUSTRY
    * PRELIM VALUE OF INVESTMENT IS AT BETWEEN EUR 4 MILLION AND
EUR 6
MILLION
    * LETTER OF INTENT ASSUMES COMPLETION OF DUE DILLIGENCE BY
END OF
OCTOBER
    * SAID COMPANY'S FY 2021 REVENUE WAS AT OVER EUR 15 MILLION

Source text for Eikon:  ID:nEM2FGMSba 
Further company coverage:  SNXP.WA 

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