Brief: Alkemy Buys 20% Of Design Group Italia

Alkemy SPA

16/07/2019 17:23

July 16 (Reuters) - Alkemy SpA  ALKE.MI :
    * BUYS 20% OF DESIGN GROUP ITALIA
    * TO RAISE STAKE IN DESIGN GROUP ITALIA TO 100% IN 4 YEARS
    * PRICE OF 20% STAKE IN DESIGN GROUP ITALIA IS EQUAL TO
ABOUT EUR
1 MILLION, TO BE PAID IN CASH
    * EQUITY VALUE OF ENTIRE ACQUISITION OF DESIGN GROUP ITALIA
IS
ESTIMATED AT EUR 5.2 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA410gxx
Further company coverage:  ALKE.MI 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))