Business
Vestum Divests Majority Of Flowa Technology Segment For SEK 6.5 Bln
Vestum Divests Majority Of Flowa Technology Segment For SEK 6.5 Bln
About this update from Vestum Ab
Vestum AB OMXSTO:VESTUMSAID ON WEDNESDAY DIVESTS THE MAJORITY OF ITS FLOWA TECHNOLOGY SEGMENT FOR SEK 6.5 BILLION ON A CASH- AND DEBT-FREE BASISDIVESTMENT IS EXPECTED TO RESULT IN A CAPITAL GAIN OF APPROXIMATELY SEK 3.5 BLNBOARD OF DIRECTORS HAS ALSO APPOINTED CONNY RYK AS THE NEW CEO OF VESTUM, EFFECTIVE AS OF JUNE 10Source text for Workspace:Further company coverage: