Brief: Troax Acquires Garantell

Troax AB (publ)

01/12/2023 10:01

Dec 1 (Reuters) - Troax Group AB (publ)  TROAX.ST :
    * TROAX AB ACQUIRES GARANTELL AB
    * HAS ENTERED INTO AN AGREEMENT TO ACQUIRE ALL OUTSTANDING
SHARES
IN GARANTELL AB
    * TRANSACTION IS EXPECTED TO CLOSE TODAY
    * ACQUISITION WILL INCREASE TROAX NET DEBT WITH
APPROXIMATELY 410
MSEK
    * ACQUISITION WILL ADD POSITIVELY TO TROAX GROUP'S EARNINGS
PER
SHARE FROM DAY ONE

Source text for Eikon:  ID:nWkr5YRP1T 
Further company coverage:  TROAX.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))