Atlas Copco Ab Class AOMXSTO: ATCO_A

Atlas Copco: Joint Venture With Chinese Abatement Company To Be Formed

· Issued by Atlas Copco Ab Class A

Atlas Copco AB OMXSTO:ATCO_A:

  • JOINT VENTURE WITH CHINESE ABATEMENT COMPANY TO BE FORMED

  • PURCHASE PRICE IS NOT DISCLOSED

  • ATLAS COPCO HOLDING CHINA CO LTD WILL ACQUIRE 70 PERCENT OF EQUITY OF SHANGHAI SHAREWAY ENVIRONMENT TECHNOLOGY CO LTD (SHAREWAY ENVIRONMENTAL TECHNOLOGY)

  • MINORITY SHAREHOLDERS WILL RETAIN 30 PERCENT OWNERSHIP

  • JOINT VENTURE IS EXPECTED TO CLOSE DURING Q3