Brief: Kongsberg Automotive Enters Non-Binding Agreement To Acquire 20% Of Chassis Autonomy

Kongsberg Automotive ASA

19/06/2023 14:37

June 19 (Reuters) - Kongsberg Automotive ASA  KOA.OL :
    * KONGSBERG AUTOMOTIVE ENTERS A NON-BINDING AGREEMENT TO
ACQUIRE
20% OF CHASSIS AUTONOMY
    * LEGALLY BINDING AGREEMENT FOR PROPOSED TRANSACTION IS
ANTICIPATED TO BE FINALIZED BY Q3, 2023
    * ENTERED INTO NON-BINDING AGREEMENT WITH CHASSIS AUTONOMY
SBA, TO
ACQUIRE 20% EQUITY STAKE IN COMPANY COMBINED WITH CALL OPTIONS
TO ACQUIRE UP TO 100% OF SHARES

Source text for Eikon:  ID:nWkr2vTbvP 
Further company coverage:  KOA.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))