AKVA group ASA: Sale of shares in Abyss Group to Arcus Infrastructure Partners

Barchart · 03/12 02:00

AKVA group ASA (“AKVA”) has signed an agreement to sell its 21.55% ownership in Abyss Group AS (“Abyss”) to Arcus Infrastructure Partners LLP.

AKVA's net proceeds from the sale of approx. MNOK 140 will result in a positive accounting gain. The sale will free up capital for continued development of AKVA’s core business segments.

Read more at globenewswire.com

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