March 9, 2016 / 3:10 PM / 2 years ago

BRIEF-Spar Group in deal to buy 60 pct stake in Spar Switzerland

March 9 (Reuters) - Spar Group Ltd

* Detailed terms of acquisition of 60 pct of ordinary shares in Spar Holding Ag and withdrawal of cautionary announcement

* Concluded an agreement to acquire 60 pct of ordinary shares of Spar Holding Ag for CHF44.5 million

* Aquisition from existing shareholders of Spar Switzerland Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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