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BRIEF-Itway accept binding offer from Maticmind for Business-E
September 26, 2017 / 9:39 AM / 3 months ago

BRIEF-Itway accept binding offer from Maticmind for Business-E

Sept 26 (Reuters) - ITWAY SPA:

* SAID ON MONDAY BOARD ACCEPTED A BINDING OFFER FROM MATICMIND TO BUY ITS ENTIRE STAKE IN BUSINESS-E

* BOTH COMPANIES DECIDED IT IS BETTER TO FOCUS ON A DEAL THAT DID NOT ENTAIL THE MERGER OF THE TWO GROUPS

* CONSIDERATION FOR THE OPERATIONAL ACTIVITIES OF BUSINESS-E IS VALUED AT EUR 16.1 MLN

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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