Italtile says to buy up to 14.9 mln Ceramic sahres

Wednesday, 20 Jul 2016 

Italtile Ltd : Entered into agreement with ceramic on 16 july in respect of acquisition of entire issued share capital of ceramic . Maximum aggregate consideration payable to "scheme participants" of r3.61 billion .Agreement provided that maximum number of ceramic shares to be acquired by italtile ceramics shall not exceed 14.9 million. 

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