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    SBS — SCANDINAVIAN BRAKE SYSTEMS Under frivillig likvidation A/S News Story

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    Brief: Scandinavian Brake Systems To Sell SBS Automotive To Borg Automotive

    Picture of SCANDINAVIAN BRAKE SYSTEMS Under frivillig likvidation A/S logoSCANDINAVIAN BRAKE SYSTEMS Under frivillig likvidation A/S
    05/05/2021 08:32
    May 5 (Reuters) - Scandinavian Brake Systems A/S  SBS.CO :
    * SBS GROUP ENTERS AGREEMENT TO SELL SBS AUTOMOTIVE TO BORG
AUTOMOTIVE
    * SCANDINASALE EXPECTED TO BE COMPLETED 1 JULY 2021
    * SELLER PRICE TO BE ESTIMATED IN Q2 2023
    * EXPECTS 2021 REVENUE OF  DKK 8-10 MILLION
    * SCANDINAVIAN BRAKE SYSTEMS A/S NOW SEES 2021 EBITDA
RECURRING AT
LOSS DKK 15-17 MILLION

Source text for Eikon:  ID:nGNE9Cj3L7 
Further company coverage:  SBS.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;  +48 587696600;))

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