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ARCLK - Arcelik AS News Story

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Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £1.86bn
Enterprise Value £2.65bn
Revenue £3.92bn
Position in Universe 21st / 648

BRIEF-Arcelik's Unit Ardutch B.V Signs Deal With Retail Holdings Asia To Acquire All Shares Of Retail Holdings Bhold For $75.0 Mln

Fri 22nd March, 2019 10:55am
March 22 (Reuters) - ARCELIK AS  ARCLK.IS :
    * ITS UNIT ARDUTCH B.V SIGNS DEAL WITH RETAIL HOLDINGS ASIA
TO
ACQUIRE ALL SHARES OF RETAIL HOLDINGS BHOLD
    * THE SHARES WILL BE ACQUIRED FOR CONSIDERATION OF $75.0
MILLION
IN CASH AT THE TIME OF CLOSING
    * RETAIL HOLDINGS BHOLD B.V. HOLDS APPROXIMATELY 57% SHARES
OF
SINGER BANGLADESH LTD

Source text for Eikon:  ID:nIKA8PJsQp 
Further company coverage:  ARCLK.IS 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 7720920;))
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