VV Holding terminates announced sales-lease back transaction
This announcement is in reference to the Oslo Stock Exchange announcement of 27th May regarding the sale of five (5) Norsk Gjenvinning properties on sale and lease back terms.
The Board of VV Holding AS has in a Board meeting on June 6th decided not to support the transaction per this date. On that basis, the Board has terminated the process with the bidder. For the sake of good order, due diligence has not started and we have not received any negative signals from the potential buyer.
For further information, please contact: Dean Zuzic, CFO, tel: +47 414 33 560, firstname.lastname@example.org