Brief: Cellularline Says Increases Its Shares To 100% Of Systema

Cellularline SpA

30/03/2022 18:54

March 30 (Reuters) - Cellularline SpA  CELL.MI :
    * CELLULARLINE INCREASES IT SHARES TO 100% OF SYSTEMA  - THE
SUBSIDIARY WILL BE CENTRAL TO THE DEVELOPMENT STRATEGY OF THE
TELCO CHANNEL 
    * CELLULARLINE - OPERATION WAS CARRIED OUT THROUGH PURCHASE
OF
REMAINING 25% OF SHARE CAPITAL OF PEGASO S.R.L., SOLE
SHAREHOLDER OF SYSTEMA
    * CONSIDERATION FOR TRANSACTION CONSISTS OF A FIX PART PAID
IN
CASH AT CLOSING EQUAL TO EURO 0.4 MILLION

Source text for Eikon:  ID:nBIAc7D6M4 
Further company coverage:  CELL.MI 

 ((Reuters.Briefs@thomsonreuters.com;))