Reuters logo
BRIEF- Amica raises stake in Sideme to 100 pct
March 29, 2017 / 5:59 AM / 8 months ago

BRIEF- Amica raises stake in Sideme to 100 pct

March 29 (Reuters) - Amica SA:

* Said on Tuesday that it has risen its stake in Societe Industrielle D’Equipement Moderne Sideme (Sideme) to 100 pct from 39.29 pct

* On March 22 it acquired 21.41 pct of Sideme for 1.6 million euros ($1.73 million) from England-based Crosslee PLC

* On March 28 it bought 39.29 pct of Sideme for 2.2 million euros from Electrolux France SAS

* Sideme is a distributor of household appliances on the French market

* The company has also sold 100 shares in Sideme to Amica Handel i Marketing as according to the French law, each company has to have at least two shareholders

* Amica owns 100 pct of Amica Handel i Marketing

Source text for Eikon:

Further company coverage: ($1 = 0.9252 euros) (Gdynia Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below