Brief: Conzzeta Agrees To Divest FoamPartner To Recticel

Bystronic AG

10/11/2020 06:14

Nov 10 (Reuters) - CONZZETA AG  CONC.S :
    * AGREEMENT TO DIVEST FOAMPARTNER
    * CLOSING OF TRANSACTION IS EXPECTED IN Q1 2021
    * SIGNS BINDING AGREEMENT TO DIVEST ITS FOAMPARTNER BUSINESS
UNIT
TO RECTICEL, BELGIUM SPECIALIST IN POLYURETHANE CHEMISTRY, FOR
AN ENTERPRISE VALUE OF CHF 270 MILLION

Source text for Eikon:  ID:nEQ1N66Qxa 
Further company coverage:  CONC.S 

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