December 20, 2016 / 6:08 PM / 7 months ago

BRIEF-Duc concludes deal with Plukon group

1 Min Read

Dec 20 (Reuters) - Duc SA :

* Concludes agreement with Plukon Group to ensure financial sustainability and accelerate growth

* Acquisition by Aurelia investments o f Duc shares held by Verneuil participations, Financière Duc and CECAB

* Capital increase of 11 million euros ($11.44 million) reserved for Aurelia Investments, a subsidiary of Plukon

* At the end of the operations, Aurelia Investments will hold more than 97 pct of the capital of the Duc group.

* Take of all employees of the Duc group and guarantee, for a period of 4 years, of an average workforce of 802 employees on permanent contracts Source text for Eikon: Further company coverage: ($1 = 0.9618 euros) (Gdynia Newsroom)

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