BRIEF-Rheinmetall Agrees Takeover Of Vehicle Specialist Loc Performance-March 2024-www.financetom.com

BRIEF-Rheinmetall Agrees Takeover Of Vehicle Specialist Loc Performance

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BRIEF-Rheinmetall Agrees Takeover Of Vehicle Specialist Loc Performance

Aug 13, 2024 12:39 PM

Aug 13 (Reuters) - Rheinmetall AG:

* EQS-ADHOC: RHEINMETALL AG: STRATEGIC ACQUISITION IN THE

USA -

RHEINMETALL AGREES TAKEOVER OF VEHICLE SPECIALIST LOC

PERFORMANCE

* RHEINMETALL AG - SIGNED AN AGREEMENT TO ACQUIRE ALL EQUITY

INTERESTS IN LOC PERFORMANCE PRODUCTS, LLC

* RHEINMETALL AG - TO ACQUIRE ALL EQUITY INTERESTS IN LOC

PERFORMANCE

* RHEINMETALL AG - PURCHASE PRICE AGREED FOR LOC

PERFORMANCE,

WHICH WILL BECOME DUE UPON CLOSING, IS BASED ON AN ENTERPRISE

VALUE OF USD 950 MILLION

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