Brief: Benefit Systems To Buy Companies Owning Assets in Calypso Fitness

Benefit Systems SA

31/10/2023 08:25

Oct 31 (Reuters) - Benefit Systems SA  BFT.WA :
    * SAID ON MONDAY THAT UNDER REVIEW OF CALYPSO (CF) ASSETS IT
HAS
SIGNED TWO DEALS WITH SHAREHOLDERS OF CF TO CONFIRM KEY
TRANSACTION ELEMENTS
    * SAID DEALS CONSIST OF CONDITIONAL AGREEMENT AND EXECUTIVE
AGREEMENTS WITH CAMARO FIZAN (CAMARO), AND CAL CAPITAL (CC)
    * UNDER SAID AGREEMENTS THE COMPANY WILL BUY STAKE IN
COMPANIES
WHICH WILL RECEIVE CF'S ASSETS
    * UNDER AGREEMENT COMPANY TO BUY COMPANIES FROM CAMARO AND
CC FOR
9.8 MLN ZLOTYS, AND 3.2 MLN ZLOTYS, RESPECTIVELY

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM4zybvka
 Further company coverage:  BFT.WA  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))