Brief: ASM Group Plans To Buy Co Operating In Germany, Austria, Switzerland

ASM SA

21/05/2018 09:12

May 21 (Reuters) - ASM GROUP SA  ASMG.WA :
    * SAID ON FRIDAY THAT IT HAS BEEN IN PROCESS OF TAKING OVER
CAPITAL GROUP OPERATING IN GERMANY, AUSTRIA AND SWITZERLAND
(COMPANY)
    * HAS SIGNED INVESTMENT AGREEMENT WITH FOREIGN EXPANSION
FUND
FIZAN MANAGED BY PFR TFI (FUND) TO JOINTLY ACQUIRE COMPANY 
    * UNDER AGREEMENT FUND WILL BUY 49.9% STAKE IN SPECIAL
PURPOSE
VEHICLE (SPV) THAT WILL HOLD 100% STAKE IN COMPANY
    * PART OF INVESTMENT WILL BE FINANCED FROM COMPANY'S OWN
RESOURCES
AND FROM LOAN GRANTED BY COMPANY'S CEO ADAM STANCZAK
    * ADDITIONALLY, ASM GROUP WILL SIGN LOAN AGREEMENTS WITH
BANK 
    * PRELIMINARY CONDITIONS OF ABOVE-MENTIONED BANK LOANS HAVE
BEEN
ALREADY AGREED IN TERM SHEET 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM30JsPta
    
 Further company coverage:  ASMG.WA  
   


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