BRIEF-NORMA Group Successfully Completes Sale Of Water Management Business

Reuters
Feb 03
BRIEF-NORMA Group Successfully Completes Sale Of Water Management Business

Feb 2 (Reuters) - NORMA GROUP SE NOEJ.DE:

  • SUCCESSFULLY COMPLETES SALE OF WATER MANAGEMENT BUSINESS

  • NET CASH INFLOW FROM SALE AMOUNTS TO APPROXIMATELY EUR 650 MILLION

  • USE OF PROCEEDS CONFIRMED

  • PRELIMINARY OPERATING FIGURES EXPECTED TO BE IN LINE WITH FORECAST

  • SALE OF ITS WATER MANAGEMENT BUSINESS TO US COMPANY ADVANCED DRAINAGE SYSTEMS

Further company coverage: NOEJ.DE

(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com ; +48 587785269;;))

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