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    CRL — Carel Industries SpA News Story

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    Brief: Carel Industries Signs Binding Deal To Acquire 70% Of Sauber

    Picture of Carel Industries SpA logoCarel Industries SpA
    13/06/2022 17:05
    June 13 (Reuters) - Carel Industries SpA  CRLI.MI :
    * SIGNS BINDING DEAL TO ACQUIRE 70% OF SAUBER SRL
    * DEAL FOR ENTERPRISE VALUE OF 3.6 MILLION EUROS, CLOSING
EXPECTED
BY END OF JUNE
    * ACQUISITION OF REMAINING 30% IS REGULATED BY CROSS-OPTION
MECHANISM BETWEEN THE PARTIES, EXERCISABLE IN 2025

Further company coverage:  CRLI.MI 

 (Reporting by Milan newsroom)

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