Brief: Newlat Food To Buy 46.24% In Centrale Del Latte D'Italia

Centrale del Latte d'Italia SpA

31/03/2020 06:53

March 31 (Reuters) - Newlat Food SpA  NWLF.MI :
    * SIGNING OF BINDING AGREEMENT FOR PURCHASE OF MAJORITY
STAKE IN
CENTRALE DEL LATTE D'ITALIA
    * STAKE EQUAL TO 46.24% OF CENTRALE DEL LATTE D'ITALIA
    * TO LAUNCH TAKEOVER BID ON CENTRALE DEL LATTE D'ITALIA FOR
EUR
1.00 AND 0.33 SHARES PER SHARE
    * SELLERS REINVEST IN NEWLAT FOOD WITH A 5.3% SHARE IN
NEWLAT FOOD

Source text for Eikon:  ID:nBIA88GQsW 
Further company coverage:  NWLF.MI 

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