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BRIEF-Equimaxx to buy controlling 67.50 pct stake in magnifiCo
October 20, 2015 / 7:08 AM / 2 years ago

BRIEF-Equimaxx to buy controlling 67.50 pct stake in magnifiCo

Oct 20 (Reuters) - magnifiCo SA :

* Equimaxx LCC to buy controlling 67.50 percent stake (2,561,320 shares) in company from magnifiCo’s majority shareholders: Karolina Siudyla-Koc and Celetis Holdings Ltd

* Its majority shareholders to sell company’s shares only if entire company will be transferred to a special purpose vehicle (SPV) as contribution in-kind in exchange for SPV stake and Equimaxx will buy SPV stake at market price Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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