Brief: Bellini Nautica Signs Letter Of Intent For Merger By Incorporation Of Rimini Service Yacht & Sail Into Unit Lusso Nautica

Bellini Nautica SpA

04/09/2023 17:58

Sept 4 (Reuters) - Bellini Nautica SpA  BELLN.MI :
    * SIGNS A LETTER OF INTENT FOR MERGER BY INCORPORATION OF
RIMINI
SERVICE YACHT & SAIL INTO UNIT LUSSO NAUTICA
    * DEAL PROVIDE THAT AFTER OPERATION, SHARE CAPITAL OF LUSSO
NAUTICA WILL BE REPRESENTED 40% BY BLUE LUXURY, 60% BY BELLINI
NAUTICA
    * OPERATION INCLUDES CASH PAYMENT EQUAL TO EUR 250,000 TO
BLUE
LUXURY

Further company coverage:  BELLN.MI 

 (Reporting by Gdansk Newsroom)
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