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Lemminkainen Oyj Divests Lemcon Networks's Business in Americas to Blue Skies Networks, LLC


Tuesday, 30 Apr 2013 10:30am EDT 

Lemminkainen Oyj announced that the Company and Blue Skies Networks, LLC, an American telecommunications company, have signed a share purchase agreement for all outstanding shares in Lemcon Networks' subsidiaries engaged in mobile telecom network project business in Brazil, Canada, Chile, Columbia, Ecuador, Mexico and the United States. The parties have agreed not to disclose the transaction price. The transaction will be completed after local authority approvals have been obtained latest during the third quarter this year. The divested subsidiaries have been part of Lemcon Networks, which is 100% owned by Lemminkainen Group. 

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