NextGenTel Holding ASA: Sale of Kvantel AS Successfully Completed
29 Giugno 2018 - 2:00PM
PR Newswire (US)
OSLO, Norway, June 29, 2018 /PRNewswire/ -- With reference to
the previously announced sale of all the shares in Kvantel AS (the
"Transaction"), NextGenTel Holding ASA (the "Company") hereby
confirms that the Transaction today has been successfully
completed. Net proceeds from the Transaction will be used to repay
the Company's long term bank debt in full, and also to pay
outstanding tax debt. The Board of Directors will consider a
potential extraordinary dividend in due course.
NextGenTel Holding ASA
Harbitzalleen 2A 0275 Oslo
http://nextgentelholding.com
IR@nextgentel.com
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