Brief: Troax Group Acquires Vichnet
Oct 31 (Reuters) - Troax Group AB (publ) TROAX.ST :
* A MARKET LEADER IN MACHINE GUARDING AND WIRE TRAY
SOLUTIONS IN
CHINA
* PURCHASE PRICE IS 350 RMB ON A CASH/DEBT-FREE BASIS
* ACQUISITION WILL BE FINANCED THROUGH TROAX GROUP'S
EXISTING CASH
AND CREDIT FACILITIES
Source text: ID:nWkr4wmL60
Further company coverage: TROAX.ST
(Gdansk Newsroom)
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