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BRIEF: Vestas to acquire minority stake in Sowitec
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ANNOUNCES ACQUISITION OF A 25.1 PERCENT MINORITY STAKE IN SOWITEC WITH AN OPTION TO ACQUIRE ENTIRE COMPANY WITHIN THREE YEARS
* TO ACQUIRE MINORITY STAKE IN SOWITEC TO SUPPORT CO-DEVELOPMENT STRATEGY AND IMPROVE HYBRID OFFERING
* ANNOUNCES ACQUISITION OF A 25.1 PERCENT MINORITY STAKE IN SOWITEC WITH AN OPTION TO ACQUIRE ENTIRE COMPANY WITHIN THREE YEARS
* ACQUISITION IS EXPECTED TO BE FINALISED DURING Q2 OF 2019 AND WILL HAVE NO SIGNIFICANT IMPACT ON VESTAS EARNINGS