Brief: Borgosesia Signs MoU With DDM Group For Potential Partnership

Borgosesia SpA

03/12/2021 07:33

Dec 3 (Reuters) - Borgosesia SpA  BRGI.MI :
    * SAID ON THURSDAY IT HAD SIGNED MEMORANDUM OF UNDERSTANDING
WITH
DDM GROUP  DDM.ST  FOR POSSIBLE PARTNERSHIP ON INVESTMENTS IN
SPECIAL SITUATION ASSETS IN ITALY
    * PARTNERSHIP ENVISAGES INVESTMENTS OF UP TO EUR 100 MLN IN
THREE
YEARS THROUGH SECURITISATION
    * DDM HAS MANIFESTED INTEREST IN BUYING 5% STAKE IN
BORGOSESIA

    
 Further company coverage:  BRGI.MI  

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