Brief: Nobia Divests Bribus In Netherlands For About EUR 64 Mln

Nobia AB

12/02/2024 07:44

Feb 12 (Reuters) - Nobia AB  NOBI.ST :
    * TO FOCUS ON THE NORDIC AND THE UK MARKETS - DIVESTS BRIBUS
IN
THE NETHERLANDS
    * AGREED PURCHASE PRICE AMOUNTS TO ABOUT EUR 64 MILLION
    * TRANSACTION IS PARTLY FINANCED BY A THREE YEAR VENDOR LOAN
BY
NOBIA OF EUR 5 MILLION
    * ENTERED INTO AN AGREEMENT TO DIVEST ITS SUBSIDIARY BRIBUS
TO
DUTCH LONG-TERM INVESTOR O2 CAPITAL PARTNERS
    * TRANSACTION IS EXPECTED TO BE COMPLETED DURING MARCH 2024

Source text for Eikon:  ID:nWkrc2nDHP 
Further company coverage:  NOBI.ST 

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