BRIEF-Landis+gyr Divests EMEA Business To Aurelius For An Enterprise Value Of $215 Million-February 2024-www.financetom.com

BRIEF-Landis+gyr Divests EMEA Business To Aurelius For An Enterprise Value Of $215 Million

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BRIEF-Landis+gyr Divests EMEA Business To Aurelius For An Enterprise Value Of $215 Million

Sep 28, 2025 10:17 PM

Sept 29 (Reuters) - Landis+Gyr Group AG:

* LANDIS+GYR GROUP AG- LANDIS+GYR DIVESTS EMEA BUSINESS TO

AURELIUS

* LANDIS+GYR GROUP AG-ENTERED INTO SHARE PURCHASE AGREEMENT

DIVEST OPERATIONS IN EUROPE, MIDDLE EAST AND AFRICA TO AURELIUS

FOR AN ENTERPRISE VALUE OF $215 MILLION

* LANDIS+GYR-DEAL TO RESULT IN A PROVISIONAL NON-CASH

IMPAIRMENT

CHARGE RELATED TO CARRYING VALUE OF EMEA BUSINESS OF ABOUT $190

MILLION IN H1 RESULTS

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