Brief: De' Longhi To Create Business Combination With Eversys, La Marzocco

De Longhi SpA

21/12/2023 17:10

Dec 21 (Reuters) - De' Longhi SpA  DLG.MI :
    * SIGNS DEAL TO CREATE BUSINESS COMBINATION WITH EVERSYS, LA
MARZOCCO
    * OVERALL CASH DISBURSEMENT IS ABOUT $374 MILLION
    * CLOSING EXPECTED IN Q1 2024
    * TO HOLD ABOUT 61.4% IN NEW CO, DE LONGHI INDUSTRIAL ABOUT
26.6%,
LA MARZOTTO ABOUT 12%

Further company coverage:  DLG.MI 

 (Reporting by Gdansk Newsroom)
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