Brief: Wetteri Acquires Suvanto Trucks Through 100% Share Exchange

Wetteri Oyj

11/12/2023 07:05

Dec 11 (Reuters) - Wetteri Oyj  WETTERI.HE :
    * INSIDER INFORMATION: WETTERI ACQUIRES SUVANTO TRUCKS OY
THROUGH
A 100% SHARE EXCHANGE, BUILDS A NATIONWIDE SALES NETWORK FOR
USED HEAVY VEHICLES
    * TRANSACTION IS EXPECTED TO BE COMPLETED BY 31 MARCH 2024
    * WETTERI PLC'S FINANCIAL GUIDANCE WILL NOT CHANGE DUE TO
PLANNED
ACQUISITION
    * WETTERI PLC WILL EXECUTE A SHARE ISSUE DIRECTED TO SELLER
AS
PAYMENT FOR PURCHASE PRICE UNDER BOARD OF DIRECTORS'
AUTHORISATION TO ISSUE SHARES

Source text for Eikon:  ID:nWkr9SJ5WH 
Further company coverage:  WETTERI.HE 

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