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BRIEF-GrandVision to increase shareholding in Visilab to 60%
September 1, 2017 / 4:30 PM / 3 months ago

BRIEF-GrandVision to increase shareholding in Visilab to 60%

Sept 1 (Reuters) - Grandvision:

* ENTERS INTO AGREEMENT TO INCREASE SHAREHOLDING IN VISILAB S.A., FROM 30% TO 60%

* TRANSACTION IS EXPECTED TO BE COMPLETED IN Q4 OF 2017

* AS PART OF AGREEMENT, PARTIES HAVE AGREED THAT GRANDVISION‘S SHAREHOLDING WILL INCREASE, IN TWOSTEPS, TO 79% IN 2019 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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