Qben Infra/ININ Group: Agreement signed for divestment of Qben Rail
Norway, Oct. 15 -- Qben Infra AB and ININ Group AS, which is majority owned by Qben Infra AB, have today signed the final share purchase agreement to divest the Qben Rail platform to Eleda Norge AS (Eleda) for a total enterprise value of up to NOK 850 million, including an earn out of up to NOK 65 million. The transaction is subject to customary closing conditions, including regulatory approvals. The buyer, Eleda, is a leading and fast-growing infrastructure solutions provider in the Nordics, delivering services in selected niches across the power distribution, technology, water, and transportation industries. Eleda aims to create value by identifying and developing high-quality, local, market-leading companies that deliver infrastructure s...
To read the full article or to get the complete feed from this publication, please
Contact Us.