Brief: Bogart Group Signs Agreement To Acquire 18-Store Chain In Luxembourg

Bogart SA

09/09/2019 17:24

Sept 9 (Reuters) - JACQUES BOGART SA  JBOG.PA :
    * BOGART GROUP SIGNS AGREEMENT TO ACQUIRE 18-STORE CHAIN IN
LUXEMBOURG AND BECOMES LEADING SELECTIVE RETAILER IN THE COUNTRY
    * CLOSING IS SCHEDULED FOR 30 SEPTEMBER 2019
    * COST OF ACQUISITION, WHICH IS MODERATE BY GROUP STANDARDS,
WILL
BE FINANCED BY BANK LOAN
    * SIGNED A DRAFT AGREEMENT TO ACQUIRE 18 NEW SELECTIVE
FRAGRANCE
BOUTIQUES IN LUXEMBOURG BELONGING TO MILADY PARFUMERIE CHAIN

Source text for Eikon:  ID:nACT59994 
Further company coverage:  JBOG.PA 

 (Gdynia Newsroom)
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