May 17, 2017 / 5:15 AM / 4 months ago

BRIEF-Idi says Pennel & Flipo signs MoU to acquire Fait Plast

May 17 (Reuters) - IDI SCA

* PENNEL & FLIPO SIGNS MOU TO ACQUIRE FAIT PLAST

* FINANCING OF OPERATION WILL COME THROUGH CAPITAL INCREASE BY IDI AND CABESTAN CAPITAL AND STRUCTURING OF NEW BANK DEBT

* TRANSACTION EXPECTED TO BE COMPLETED BY END OF JUNE Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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