Brief: Coil Signs Agreement To Leverage Its Technology And Brand In China

Coil SA

14/02/2024 17:29

Feb 14 (Reuters) - Coil SA  ALCOI.PA :
    * REG-COIL SIGNS AGREEMENT TO LEVERAGE ITS TECHNOLOGY AND
ITS
BRAND IN CHINA
    * UNDER TERMS OF AGREEMENT, CHINESE COMPANY WILL LEVERAGE
COIL'S
ADVANCED TECHNOLOGY, INCLUDING TECHNICAL ASSISTANCE AND
ENGINEERING SUPPORT FOR CONSTRUCTION OF PRODUCTION LINE
    * WILL ALSO GRANT CHINESE COMPANY AN EXCLUSIVE AND PERMANENT
LICENSE TO USE TECHNOLOGY AND BRANDS OF COIL IN PEOPLE'S
REPUBLIC OF CHINA, SOUTHEAST ASIA, AND NORTHEAST ASIA.
    * IN RETURN, COIL WILL RECEIVE UPFRONT AND MILESTONE
PAYMENTS FOR
CONSTRUCTION OF PRODUCTION LINE AND EXPLOITATION OF ITS
TECHNOLOGY

Source text for Eikon:  ID:nGNE53fDtP 
Further company coverage:  ALCOI.PA 

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