March 2, 2018 / 9:47 AM / 4 months ago

BRIEF-Procad Signs LoI With Groclin On Sale Of 61.9% Stake Of Des Art

March 2 (Reuters) - PROCAD SA:

* SAID ON THURSDAY THE COMPANY SIGNED LETTER OF INTENT (LOI) WITH GROCLIN SA ON SALE OF STAKE IT HOLDS IN DES ART SP. Z O.O.

* PROCAD CURRENTLY OWNS 61.9 PERCENT STAKE IN DES ART

* LOI PROVIDES GROCLIN WITH 3 MONTHS EXCLUSIVITY IN NEGOTIATIONS

Source text for Eikon:

Further companies coverage: (Gdynia Newsroom)

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