Brief: CN Logistics International's Member Of Co Entered MoU With Shareholders Of CN Logistics SA & CN Logistics S.R.L.
23/06/2021 16:03
June 23 (Reuters) - CN Logistics International Holdings Ltd
2130.HK :
* MEMBER OF CO ENTERED NON-LEGALLY BINDING MOU WITH
SUBSTANTIAL
SHAREHOLDERS OF CN LOGISTICS SA AND CN LOGISTICS S.R.L.
* MOU FOR PROPOSED ACQUISITION BY GROUP OF 40% AND 30% OF
ENTIRE
ISSUE SHARES IN CN SWITZERLAND AND CN ITALY
* PROPOSED CONSIDERATION IS EXPECTED TO NOT EXCEED HK$10
MILLION
FOR CN SWITZERLAND AND HK$150 MILLION FOR CN ITALY
Further company coverage: 2130.HK
((Reuters.Briefs@thomsonreuters.com;))
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