Brief: Wienerberger Decides To Sell Operations In Russia

Wienerberger AG

15/06/2022 12:02

June 15 (Reuters) - Wienerberger AG  WBSV.VI :
    * EQS-NEWS: WIENERBERGER AG: WIENERBERGER DECIDES TO SELL
ITS
OPERATIONS IN RUSSIA
    * AGREED THAT LOCAL MANAGEMENT WILL TAKE OVER RUSSIAN
BUSINESS
THROUGH A MANAGEMENT BUY-OUT
    * PARTIES DECIDED NOT TO DISCLOSE PURCHASE PRICE.
    * WITH A VOLUME OF APPROXIMATELY EUR 40 MILLION PER YEAR,
CLAY
BLOCK BUSINESS IN RUSSIA ACCOUNTS FOR LESS THAN 1% OF GROUP'S
TOTAL REVENUES

Source text for Eikon:  ID: 
Further company coverage:  WBSV.VI 

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