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RTX — M&A Activity 2013
Nov 13, 2013
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Download source fileToday 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