Brief: Borgosesia to sell Borgosesia Gestioni SGR to CdR Advance Capital

ABC SpA SB

29/12/2016 11:16

Dec 29 (Reuters) - Borgosesia SpA in liquidazione 
 BRGI.MI : 
    * Reported on Wednesday that the board of liquidators 
approved to start the procedure for the disposal of the whole 
stake in Borgosesia Gestioni SGR SpA in liquidazione to CdR 
Advance Capital SpA  CDRU.MI  
    * It is estimated that the price of the transaction will be 
around 1.4 million euros ($1.47 million) 
    * Transaction is expected to be completed by H1 2017 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDL1yXFMy 
     
 Further company coverage:  BRGI.MI   
    
 
 
 
($1 = 0.9548 euros) 
 
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