Brief: Volati Divests Besikta Bilprovning With An Estimated Capital Gain Of SEK 750 Million

Volati AB

20/10/2020 17:09

Oct 20 (Reuters) - Volati AB  VOLO.ST :
    * VOLATI DIVESTS BESIKTA BILPROVNING WITH AN ESTIMATED
CAPITAL
GAIN OF SEK 750 MILLION
    * AGREEMENT TO SELL ALL SHARES IN BESIKTA BILPROVNING I
SVERIGE
HOLDING AB TO APPLUS+
    * TRANSACTION IS TAKING PLACE AT AN ESTIMATED ENTERPRISE
VALUE OF
APPROXIMATELY SEK 1,050 MILLION
    * TRANSACTION WILL TAKE PLACE AT A PURCHASE CONSIDERATION OF
APPROXIMATELY SEK 840 MILLION FOR SHARES
    * PURCHASE CONSIDERATION WILL BE SETTLED IN CASH

Source text for Eikon:  ID:nWkr3yfwh1 
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