Brief: CdR Advance Capital Acquires Vehicle Company Owning A Property In Milan

ABC SpA SB

01/02/2018 10:14

Feb 1(Reuters) - CDR ADVANCE CAPITAL  CDRU.MI : 
    * SAID ON WEDNESDAY IT CONCLUDED VIA UNIT NON PERFORMING 
ASSETS 
THE ACQUISITION OF A VEHICLE COMPANY OWNING A PROPERTY IN MILAN 
    * THE OPERATION INVOLVES AN INVESTMENT OF UP EUR 1 MLN 
    * NON PERFORMING ASSETS HAS ALSO GIVEN TO A THIRD PARTY AN 
OPTION 
FOR THE ACQUISITION OF THE VEHICLE WHICH CAN BE EXERCIZED NO 
LATER THAN FEB 28, 2019 
    * THE PRICE OF THE OPTION CAN GRANT NET PROCEEDS OF EUR 0.3 
MLN 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA5jy4tj 
     
 Further company coverage:  CDRU.MI   
    
 
 
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