Brief: Troax Acquires Abbs Quick-Guard® Fencing System

Troax AB (publ)

03/05/2021 11:31

May 3 (Reuters) - Troax Group AB (publ)  TROAX.ST :
    * TROAX AB ACQUIRES ABBS QUICK-GUARD® FENCING SYSTEM
    * TROAX AB ACQUIRES ABBS QUICK-GUARD® FENCING SYSTEM
    * TROAX AB, WHICH IS A PART OF TROAX GROUP, HAS ENTERED INTO
AN
AGREEMENT TO ACQUIRE ASSETS RELATING TO ABBS QUICK-GUARD®
FENCING SYSTEM.
    * ACQUISITION IS NOT EXPECTED TO MATERIALLY AFFECT TROAX
EARNING
PER SHARE OR NET DEBT / EBITDA.
    * ACQUISITION WILL BE FINANCED WITHIN TROAX'S EXISTING CASH
    * ACQUISITION IS NOT EXPECTED TO MATERIALLY AFFECT TROAX
EARNING
PER SHARE OR NET DEBT / EBITDA.
    * TRANSACTION WAS SIGNED ON 30TH OF APRIL AND IS EXPECTED TO
CLOSE
BY 1ST OF JULY, 2021

Source text for Eikon:  ID:nWkr3x6bdN 
Further company coverage:  TROAX.ST 

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