Brief: Bricorama and ITM Equipement de la maison enter into exclusive negotiations concerning acquisition of co's French and Spanish activities by Groupement Les Mousquetaires

Bourrelier SA

05/07/2017 17:49

July 5 (Reuters) - BRICORAMA SA  ALBRI.PA : 
    * CO AND ITM ÉQUIPEMENT DE LA MAISON ENTER INTO EXCLUSIVE 
NEGOTIATIONS CONCERNING ACQUISITION OF CO'S FRENCH AND SPANISH 
ACTIVITIES BY SUBSIDIARY GROUPEMENT LES MOUSQUETAIRES 
    * PARTIES HAVE SIGNED A PRELIMINARY NON-BINDING AGREEMENT 
REGARDING THE ACQUISITION 
    * ACCORDING TO TERMS, GROUPEMENT LES MOUSQUETAIRES WOULD BY 
100 PERCENT OF BRICORAMA SAS; TRANSACTION WOULD NOT TRIGGER 
TAKEOVER BID ON BRICORAMA SA 
 
Source text: http://bit.ly/2sqhHf3 
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