Brief: BF To Buy 11.27% Stake In Ecornaturasi', Launch Commercial Partnership

BF SpA

17/11/2023 06:18

Nov 17 (Reuters) - B.F. SpA  BFG.MI :
    * SAID ON THURSDAY IT SIGNED INVESTMENT AGREEMENT WITH
ECORNATURASÌ AND ITS SHAREHOLDERS TO DEVELOP COMMERCIAL
PARTNERSHIP, INTEGRATION OF PRODUCTION CHAIN
    * ECORNATURASÌ TO BUY, DISTRIBUTE BF PRODUCTS
    * BF TO BUY 11.27% STAKE IN ECORNATURASÌ THROUGH EUR 25 MLN
CAPITAL HIKE
    * BF HAS BUY OPTION TO GET ECORNATURASÌ SHAREHOLDER ULIROSA
MINORITY STAKE IN ECORNATURASÌ

        
 Further company coverage:  BFG.MI  

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