Oct 3 Starhedge SA :
* Said on Friday that it signed a "Memorandum of Understanding" agreement concerning the preparation and selling a separate and independent part of Starhedge to the US-based VTEC LLC
* VTEC has 30 days for exclusive negotiations regarding the acquisition
* The potential buyer declared the minimum financial readiness of 7.5 million zlotys ($2.0 million), Starhedge accepted the minimum value of 5.0 mln zlotys for the acquisition of some assets
* The purchase to be completed within one month from the date of Starhedge's FY 2016 report publication
Source text for Eikon:
Further company coverage:
($1 = 3.8210 zlotys) (Gdynia Newsroom)
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