Festi hf.: Decision to initiate a formal sale process of Festi and Olís' shares in Olíudreifing ehf.

In Festi's announcement, dated 10 April 2024, it was announced that the company and Olís, a subsidiary of Hagar, had reached an agreement to begin preparations for the sale of the companies' shares in Olíudreifing ehf. ("Olíudreifing").Following the preparatory work that has taken place, Festi and Olís have now agreed to formally initate the sale process of the companies' shares in Olíudreifing as of today.Íslandsbanki Corporate Finance has been entrusted with the management of the sale...

Kopavogi, 26/09/2024 (informazione.it - comunicati stampa - servizi)

In Festi's announcement, dated 10 April 2024, it was announced that the company and Olís, a subsidiary of Hagar, had reached an agreement to begin preparations for the sale of the companies' shares in Olíudreifing ehf. ("Olíudreifing").

Following the preparatory work that has taken place, Festi and Olís have now agreed to formally initate the sale process of the companies' shares in Olíudreifing as of today.

Íslandsbanki Corporate Finance has been entrusted with the management of the sale process. Further information about the process can be obtained via the email address project_stream@islandsbanki.is .

Further information on the progress of the sale process will be provided when applicable.