April 21 (Reuters) - Arcelik ARCLK.IS:
ARCELIK - SIGNS AGREEMENT TO SELL 60% STAKE IN ARCELIK HITACHI TO HITACHI GLOBAL LIFE SOLUTIONS
ARCELIK - TO RECEIVE 205 MILLION USD CASH AT CLOSING AND 56 MILLION USD DEFERRED PAYMENTS IN THREE-YEAR PERIOD
ARCELIK - 12 SUBSIDIARIES TO BE TRANSFERRED, INCLUDING MANUFACTURING FACILITIES AND RESEARCH AND DEVELOPMENT CENTERS IN CHINA AND THAILAND
ARCELIK - AT CLOSING 60% OF ARCELIK HITACHI'S CASH EXCEEDING 56 MILLION USD WILL BE ADDED TO TOTAL CONSIDERATION AS CLOSING ADJUSTMENT
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