Brief: R22 Unit Signs Investment Deal With Romania-based Blugento

Cyber_Folks SA

17/06/2019 10:16

June 17 (Reuters) - R22 SA  R22.WA :
    * ITS  INDIRECT SUBSIDIARY SIGNS INVESTMENT DEAL WITH
ROMANIA-BASED BLUGENTO SHAREHOLDERS
    * SAYS UNDER PURCHASE AGREEMENT SUBSIDIARY H88 TO ACQUIRE
20%
SHARE CAPITAL IN  BLUGENTO
    * SAYS UNDER INVESTMENT AGREEMENT WITHIN 12 MONTHS H88 TO
OBTAIN
51% SHARE CAPITAL IN BLUGENTO
    * VALUE OF BOTH TRANSACTIONS IS EUR 1 MILLION

Source text for Eikon:  ID:nEM4C997Ga 
Further company coverage:  R22.WA 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48587720920;))