Brief: Centum Electronics' French Unit Divests Its Energy Division
18/08/2020 14:12
Aug 18 (Reuters) - Centum Electronics Ltd CENT.NS :
* DIVESTMENT OF ENERGY DIVISION OF ITS FRENCH UNIT
* DIVESTMENT FOR TOTAL CONSIDERATION OF EURO 9.8 MILLION
* DIVESTMENT TO CHAUNTIE ELECTRIC (TIANJIN) CO LTD
* 65% OF CONSIDERATION RECEIVED BY FRENCH UNIT
* UNIT TO GET 35% OF CONSIDERATION AFTER 2 YEARS
Source text for Eikon: ID:nBSE29lNzB
Further company coverage: CENT.NS
((Reuters.Briefs@thomsonreuters.com;))
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