March 5, 2019 / 8:32 AM / 4 months ago

BRIEF-Wojas Signs Investment Agreement With Bartek

March 5 (Reuters) - Wojas SA:

* SAID ON MONDAY THAT ON FEB. 21 IT SIGNED INVESTEMNT AGREEMENT WITH SHOE PRODUCER BARTEK SA AND ITS SOLE SHAREHOLDER

* UNDER AGREEMENT COMPANY MAY ACQUIRE UP TO 56% OF BARTEK SA STAKE

* COMAPNY HAS ALSO AGREED TO GRANT LOAN TO BARTEK SA

* THE PURPOSE OF THE AGREEMENT IS TO REACH BETTER SYNERGY EFFECTS THROUGH COOPERATION IN AREAS SUCH AS E-COMMERCE, PRODUCT OFFER EXPANSION AND LOWERING RENTAL COSTS

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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