Vestum AbOMXSTO: VESTUM

Vestum Divests Majority Of Flowa Technology Segment For SEK 6.5 Bln

· Issued by Vestum Ab

Vestum AB OMXSTO:VESTUM

  • SAID ON WEDNESDAY DIVESTS THE MAJORITY OF ITS FLOWA TECHNOLOGY SEGMENT FOR SEK 6.5 BILLION ON A CASH- AND DEBT-FREE BASIS

  • DIVESTMENT IS EXPECTED TO RESULT IN A CAPITAL GAIN OF APPROXIMATELY SEK 3.5 BLN

  • BOARD OF DIRECTORS HAS ALSO APPOINTED CONNY RYK AS THE NEW CEO OF VESTUM, EFFECTIVE AS OF JUNE 10

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