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BRIEF-Imbalie Beauty gets offer for 70 pct of certain of its subsidiaries
July 7, 2017 / 3:05 PM / 3 months ago

BRIEF-Imbalie Beauty gets offer for 70 pct of certain of its subsidiaries

July 7 (Reuters) - Imbalie Beauty Ltd:

* ‍Conditional offer to acquire 70 pct of certain of operating subsidiaries of Imbalie by Cavi Brands​

* ‍Cavi acquiring 70 pct of ordinary shares in certain of operating subsidiaries of Imbalie, for 25 mln rand​

* ‍Acquisition by Cavi will comprise greater part of assets of Imbalie​ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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