Lehto Group Plc: Inside information: The letter of intent regarding the sale of Lehto’s operative subsidiaries has been terminated
Lehto Group PlcInsider information18 December 2023 at 23.50 (Finnish time)Lehto Group Plc (”Lehto” or the ”company”) announced on 24 October 2023 that it had entered into a letter of intent with an European fund management company (the “Purchaser”) concerning the sale of Lehto’s operative subsidiaries (“Transaction”). The parties have today decided to terminate the letter of intent related to the Transaction. Therefore, the Transaction in question will not be carried out. Lehto continues negotiations concerning the sale of its business or parts of it as well as other restructuring