VNV Global provides update on the ongoing Gett Transaction
VNV Global AB (publ) (“VNV Global” or the “Company”) today provides an update regarding the ongoing sale of its holding in Gett. The Israeli Competition Authority (the “ICA”) is currently reviewing the transaction, and has raised certain concerns that could potentially impact the completion of the transaction.
The parties involved are actively working to address these concerns and VNV Global remains committed to completing the transaction. While the exact timeline of the ICA process is uncertain, the Company remains optimistic about reaching a resolution during the second quarter of 2025.
VNV Global will provide further updates as developments progress.