on NORMA Group AG (ETR:NOEJ)
NORMA Group Seeks Acquisition Offers for Water Management Business
NORMA Group SE has announced receiving binding offers for its Water Management Business. The company is currently engaged in advanced, non-exclusive discussions with several potential buyers. These negotiations, however, have not yet resulted in any finalized agreements.
The announcement about the future of its Water Management division comes amid ongoing strategic moves by NORMA Group. By examining multiple bidders' offers, the company seems to aim at making a well-informed decision. However, specific details about the potential transaction will only be disclosed upon conclusion of the talks.
Located in Maintal, Germany, NORMA Group is trading under the ISIN DE 000A1H8BV3 and listed on several markets, including Frankfurt's Prime Standard.
R. E.
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