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Landis+Gyr Divests Stake in Intellihub Joint Venture

Landis+Gyr Divests Stake in Intellihub Joint Venture

Landis+Gyr Group AG (SIX: LAND), a leading provider of integrated energy management solutions, today announced that its subsidiary Landis+Gyr Pty Ltd. has entered into an agreement to sell its ownership in Intellihub Operations Pty Ltd ("Intellihub") for over AUD 310 million in total. The buyer, global asset manager Brookfield will become a strategic investor in Intellihub

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