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RTX — M&A Activity 2013
Nov 13, 2013
3413_iss_2013-11-13_c0d7e9a5-1662-4dfc-96c7-bdafe705933b.pdf
M&A Activity
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Announcement
To NASDAQ OMX Copenhagen A/S and the press
Nørresundby, Denmark, 13 November 2013 Announcement no. 11/2013 Number of pages: 1
RTX transfers the shares in the subsidiary in Brazil
Today RTX has entered an agreement concerning the transfer of RTX's 90% share of our Brasilian subsidiary. The shareholding is sold to the company Carvin Holding LLC, Delaware in the US.
The transfer is the result of a process during which RTX's Management has examined the possibilities of closing the 90% owned subsidiary in the best possible way. The company was part of the business unit that RTX closed and classified as discontinuing operations in the financial year 2009/10.
The transfer is expected to contribute with an amount of approx. DKK 0.6 million to be entered in the profit and loss account for the first quarter of 2013/14 under "discontinued operations".
The above transfer does not affect our previously announced expectations to the financial year 2012/13.
Yours faithfully RTX A/S
Flemming Hynkemejer President & CEO
Questions and further information: Flemming Hynkemejer, tel. +45 96 32 23 00
Please visit RTX's website at: www.rtx.dk
RTX A/S Strømmen 6 DK-9400 Nørresundby, Danmark Tel : +45 96 32 23 00 Fax : +45 96 32 23 10 VAT# : DK 17 00 21 47 Web : www.rtx.dk E-mail : [email protected]