NWS Holdings (HK:0659) has released an update.
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NWS Holdings Limited has announced a voluntary agreement to sell its 50% interest in Hyva III B.V. to JOST for an enterprise value of US$425 million, with the deal expected to be completed in early 2025. The sale aligns with the company’s strategy to optimize its portfolio and is anticipated to yield NWS Holdings approximately US$156 million in net proceeds. The transaction is currently awaiting customary regulatory approvals and its completion is not guaranteed.
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