BRIEF: Vestas to acquire minority stake in Sowitec

ANNOUNCES ACQUISITION OF A 25.1 PERCENT MINORITY STAKE IN SOWITEC WITH AN OPTION TO ACQUIRE ENTIRE COMPANY WITHIN THREE YEARS REUTERS  |  April 12, 2019, 15:24 IST
BRIEF: Vestas to acquire minority stake in Sowitec * 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