June 2, 2017 / 5:21 AM / in 2 months

BRIEF-Fortune Fountain Capital signs agreement to buy Bacarat

1 Min Read

June 2 (Reuters) - BACCARAT SA:

* FORTUNE FOUNTAIN CAPITAL SIGNED IRREVOCABLE PROMISE TO PURCHASE WITH AFFILIATES OF STARWOOD CAPITAL GROUP AND L CATTERTON TO ACQUIRE THEIR INTERESTS OF APPROXIMATELY 88.8% IN BACCARAT

* Irrevocable Promise to Purchase at Eur 222.7 Per Share

* EXECUTION OF SHARE DISPOSAL WILL BE FOLLOWED BY FILING OF MANDATORY PUBLIC TENDER OFFER TO AMF, AT SAME PRICE PER SHARE Source text: bit.ly/2skOKBx Further company coverage: (Gdynia Newsroom)

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