Brief: Basler Reports Takeover Of Distribution Partners In France And Italy

Basler AG

05/07/2022 06:24

July 5 (Reuters) - BASLER AG  BSLG.DE :
    * REPORTS SUCCESSFUL PARTICIPATION AND RESPECTIVELY TAKEOVER
OF
THE DISTRIBUTION PARTNERS IN FRANCE AND ITALY
    * REPORTS SUCCESSFUL PARTICIPATION AND RESPECTIVELY TAKEOVER
OF
DISTRIBUTION PARTNERS IN FRANCE AND ITALY
    * IN FURTHER COURSE, IT IS INTENDED THAT BASLER WILL TAKE
OVER
REMAINING 74.9 PERCENT OF SHARES ON JULY 1, 2024
    * BASLER AG, A LEADING MANUFACTURER IN FIELD OF COMPUTER
VISION,
SUCCESSFULLY IMPLEMENTED PARTICIPATION OF 25.1 PERCENT IN
DISTRIBUTION BUSINESS OF ITS FRENCH DISTRIBUTION PARTNER I2S AS
ANNOUNCED ON MAY 2
    * IN FURTHER COURSE, IT IS INTENDED THAT BASLER WILL TAKE
OVER
REMAINING 74.9 PERCENT OF SHARES ON JULY 1, 2024
    * NEWLY FOUNDED SUBSIDIARY WILL TRADE UNDER NAME OF BASLER
ITALY
IN FUTURE
    * THESE HAVE NOW ALSO BEEN COMPLETED AND THUS ACQUISITION
WAS
SUCCESSFULLY IMPLEMENTED ON JULY 4, 2022

Source text for Eikon:  ID:nEQ9ZlCL8a 
Further company coverage:  BSLG.DE 

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