Brief: ZUK Elzab signs cooperation agreement with JNJ

Comp SA

03/01/2017 08:01

Jan 3 (Reuters) - ZUK Elzab SA  ELZ.WA : 
    * Said on Monday that it received a signed cooperation 
agreement from Dec. 30 with Dubai-based JNJ Ltd (JNJ) 
    * The deal concerns a licence for "Finrabat' software and 
discount program 
    * For granting the licence, Elzab is entitled to one-off 
payment of 1.1 million euros ($1.15 million) 
    * It was a third agreement signed with JNJ in 2016 for the 
total value of 2.5 mln euros 
    * JNJ is a company from Comp SA group  CMP.WA  
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM0278414 
     
 Further company coverage:  ELZ.WA   CMP.WA  
    
 
($1 = 0.9564 euros) 
 
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