Brief: Suominen Sells Its Minority Share In Amerplast

Suominen Oyj

19/03/2021 11:32

March 19 (Reuters) - Suominen Oyj  SUY1V.HE :
    * REG-SUOMINEN HAS SOLD ITS MINORITY SHARE IN AMERPLAST
    * SUOMINEN RETAINED A MINORITY SHAREHOLDING OF 19.9 PERCENT
AFTER
DIVESTMENT.
    * PARTIES HAVE AGREED THAT TRANSACTION PRICE SHALL REMAIN
CONFIDENTIAL
    * TRANSACTION WILL POSITIVELY IMPACT SUOMINEN'S 2021
FINANCIAL
ITEMS BY EUR 3.7 MILLION AND CASH FLOW BY EUR 11.6 MILLION
    * TRANSACTION WILL NOT HAVE A MATERIAL EFFECT ON SUOMINEN'S
RESULT
GOING FORWARD.

Source text for Eikon:  ID:nGNE3QYJRM 
Further company coverage:  SUY1V.HE 

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