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ASSA ABLOY's divestiture of certain businesses in relation to the acquisition of agta record completed
The divested business had a turnover in 2019 of approximately MEUR 93, representing about 20% of total initial added revenue. The selling price for the Divestiture is MEUR 100 on a cash and debt free basis.
The Divestiture will be de-consolidated from ASSA ABLOY as of August 31, 2020 .
For more information, please contact:
Nico Delvaux , President and CEO, tel. no: +46 8 506 485 82
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/assa-abloy/r/assa-abloy-s-divestiture-of-certain-businesses-in-relation-to-the-acquisition-of-agta-record-complet,c3186256
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