AI assistant
YIT Oyj — M&A Activity 2010
Jun 23, 2010
3249_rns_2010-06-23_f0453b8f-9263-4f67-9ca0-420b8ce2aa3c.html
M&A Activity
Open in viewerOpens in your device viewer
Disclosure 279577
YIT - Company Announcement
ADDITION TO STOCK EXCHANGE RELEASE: YIT ACQUIRES CAVERION, A CENTRAL EUROPEAN COMPANY OFFERING TECHNICAL BUILDING SYSTEM SERVICES
YIT CORPORATION STOCK EXCHANGE RELEASE JUNE 23, 2010 AT 13.15 ADDITION TO STOCK EXCHANGE RELEASE: YIT ACQUIRES CAVERION, A CENTRAL EUROPEAN COMPANY OFFERING TECHNICAL BUILDING SYSTEM SERVICES YIT Corporation has today June 23, 2010 at 9.45 published a stock exchange release announcing that YIT Corporation has agreed with the owners of Caverion GmbH that YIT will acquire the entire business of Caverion. YIT makes the following addition to the stock exchange release: The operating profit of Caverion GmbH has been about 2 per cent of the revenue and the company has a solid financial position. YIT Corporation Virva Salmivaara Senior Vice President, Corporate Communications For further information, please contact: Arne Malonæs, President of Building and Industrial Services segment, tel. +47 90 69 31 86, [email protected] Sakari Toikkanen, Senior Vice President, Business Development, tel. +358 40 532 2174, [email protected] Hanna-Maria Heikkinen, Vice President, Investor Relations, tel. +358 40 826 2172, [email protected]