Brief: Auga Group Terminates SPA Of UAB Arginta Engineering

Auga AB

15/03/2018 09:05

March 15 (Reuters) - Auga Group  AUG1L.VL :
    * SAID ON WEDNESDAY THAT IT TERMINATED THE SHARE PURCHASE
AGREEMENT (SPA) OF UAB ARGINTA ENGINEERING SIGNED ON JANUARY 22
 urn:newsml:reuters.com:*:nFWN1PH18F
    * TO COOPERATE WITH ARGINTA ENGINEERING INSTEAD ON
TECHNOLOGY
DEVELOPMENT ON A CONTRACTUAL BASIS
    * COMPANY TO PAY TERMINATION FEE OF EUR 0.7 MILLION, DUE NO
LATER
THAN ON DECEMBER 31, 2018

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMbXgBT8a
    
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