March 29, 2018 / 3:55 PM / 4 months ago

BRIEF-Gruppo MutuiOnline To Buy 50 Pct Of Agenzia Italia

March 29 (Reuters) - GRUPPO MUTUIONLINE SPA:

* PARTNERS UP WITH FINANZIARIA INTERNAZIONALE THROUGH ACQUISITION OF 50% OF AGENZIA ITALIA

* TOTAL PRICE AGREED FOR ACQUISITION OF 50% OF AGENZIA ITALIA IS TO EUR 25 MILLION

* PRICE WILL BE PAID WITH FINANCIAL RESOURCES ALREADY AVAILABLE TO BUYER

* CLOSING OF TRANSACTION IS EXPECTED TO OCCUR BY END OF APRIL 2018

* REMAINING 50% HELD BY FINANZIARIA INTERNAZIONALE IS SUBJECT TO RECIPROCAL PUT/CALL OPTIONS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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