Brief: Taaleri Sells Its Stake In Ficolo Ltd, Exits Taaleri Datacenter Ky

Taaleri Oyj

25/04/2022 07:05

April 25 (Reuters) - Taaleri Plc  TAALA.HE :
    * SELLS ITS STAKE IN FICOLO LTD AND EXITS TAALERI DATACENTER KY – TAALERI ESTIMATES THAT IT
WILL
RECORD A TOTAL PROFIT OF EUR 14 MILLION FROM THE TRANSACTION
    * FICOLO WILL BE PURCHASED BY DIGITAL 9 INFRASTRUCTURE PLC FOR ENTERPRISE VALUE OF ABOUT EUR
135
MLN
    * ESTIMATES THAT IT WILL RECORD A TOTAL PROFIT OF APPROXIMATELY EUR 14 MILLION IN Q3 FROM
TRANSACTION AND AS PERFORMANCE FEES FROM CO-INVESTMENT IT MANAGES
    * TRANSACTION REQUIRES APPROVAL FROM FINLAND'S MINISTRY OF ECONOMIC AFFAIRS AND EMPLOYMENT,
AND IT
IS EXPECTED TO CLOSE DURING Q3.

Source text for Eikon:  ID:nGNE9p1cl8 
Further company coverage:  TAALA.HE 

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