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BRIEF-Borges Agricultural & Industrial Nuts proposes merger with its units
March 8, 2017 / 4:32 PM / 7 months ago

BRIEF-Borges Agricultural & Industrial Nuts proposes merger with its units

March 8 (Reuters) - Borges Agricultural & Industrial Nuts SA :

* To propose merger with its units Frusesa-Frutos Secos Espanoles SL, Frusansa-Frutos Secos Andaluces SA, Palacitos SA and Almendras de Altura SA (FRUSESA, FRUSANSA, PALACITOS and ALMENDRAS) through absorption

* For share exchange purposes will issue 84,770 new shares worth 1.8 million euros ($1.9 million)(including share premium)

Source text for Eikon:

Further company coverage: ($1 = 0.9478 euros) (Gdynia Newsroom)

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