Brief: Presco Group unit signs contract for sale of Presco Investments with Kruk unit
23/12/2015 10:26
Dec 23 (Reuters) - Presco Group SA PREA.WA :
* Its unit Presco Investments Ltd signs with Secapital
S.a.r.l, unit of Kruk SA KRU.WA , contract for sale of 200
percent stake in Presco Investments S.a.r.l.
* Its unit to sell Presco Investments s.a.r.l. to Secapital
S.a.r.l for no more than 216.8 million zlotys ($55.80 million)
* Under the contract, Secapital plans to acquire also rights
on liabilities portfolios of nominal value of 2.7 billion zlotys
owned by PRESCO Investment I NS FIZ and Presco Investments S.a
r.l.
* The parties intend that the transaction closure day will
be no later than May 30, 2016
Source text for Eikon: urn:newsml:reuters.com:*:nEM2316564 and urn:newsml:reuters.com:*:nEM2316564
Further company coverage: KRU.WA PREA.WA
($1 = 3.8850 zlotys)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))