Brief: Italy's BF To Buy 35% Of Master Investment

BF SpA

11/06/2020 06:23

June 11 - BF SpA  BFG.MI :
    * HAS SIGNED FRAMEWORK DEAL FOR THE ACQUISITION OF 35% STAKE
OF
MASTER INVESTMENT FROM SACCHI FAMILY
    * DEAL FOR EUR 25 MLN
    * THE ACQUISITION WILL BE FINANCED THROUGH THE USE OF OWN
MEANS
    * MASTER IS THE HOLDING COMPANY ACTIVE IN PRODUCTION AND
SALE OF
FOOD SUPPLEMENTS, FUNCTIONAL AND ORGANIC FOODS AND COSMETICS FOR
WELLNESS, WHICH INCLUDES A&D S.P.A - FOOD AND DIETETIC GROUP
(WITH A 100% STAKE), ALMAS S.R.L. (WITH A 50% STAKE), SALIX
S.R.L. (WITH A 50% STAKE) AND MARE S.R.L. (WITH A 50% STAKE)

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA3mxHmx
    
 Further company coverage:  BFG.MI