Brief: Transtema Agrees To Acquire Tessta Connect And Tessta G-Trench In Norway

Transtema AB

25/02/2022 10:56

Feb 25 (Reuters) - Transtema Group AB  TRANS.ST :
    * TRANSTEMA GROUP AB - HAS SIGNED AGREEMENT TO ACQUIRE 100%
OF 
SHARES IN TESSTA CONNECT AS AND 100% OF SHARES IN TESSTA
G-TRENCH AS IN NORWAY
    * TRANSTEMA GROUP AB - INITIAL PURCHASE PRICE OF  NOK 190
MILLION
PLUS A POTENTIAL ADDITIONAL PURCHASE PRICE OF A MAXIMUM OF NOK
210 MILLION
    * TRANSTEMA GROUP AB - ACQUISITION IS EXPECTED TO BE
COMPLETED IN
MARCH 2022

Source text for Eikon:  ID:nWkr3PX4fL 
Further company coverage:  TRANS.ST 

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