Brief: Altech Advanced Materials Option Agreement To Acquire Industrial Site In Saxony

Altech Advanced Materials AG

14/07/2020 10:32

July 14 (Reuters) - ALTECH ADVANCED MATERIALS AG  AMA1n.F :
    * OPTION AGREEMENT TO ACQUIRE INDUSTRIAL SITE IN SAXONY,
GERMANY
    * OPTION FOR ALTECH CHEMICALS TO ACQUIRE 10HA INDUSTRIAL
SITE IN
SAXONY, GERMANY
    * AGREEMENT PROVIDES ALTECH WITH AN INITIAL 12-MONTH TERM
DURING
WHICH IT CAN EXERCISE ITS PURCHASE OPTION, WITH ABILITY TO
EXTEND OPTION PERIOD BY A FURTHER 12-MONTHS VIA MUTUAL CONSENT
    * PURCHASE PRICE FOR SITE IS CONFIDENTIAL

Source text for Eikon:  ID:nPexRLBMya 
Further company coverage:  AMA1n.F 

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