Brief: Dekpol to buy majority stake in Smartex and carry out developer project

Dekpol SA

16/11/2017 07:28

Nov 16 (Reuters) - DEKPOL SA  DEK.WA : 
    * SAID ON WEDNESDAY THAT IT IS TO BUY A 61.9 PERCENT STAKE 
IN 
SMARTEX SP. Z O. O. FOR 4.8 MILLION ZLOTYS 
    * SMARTEX OWNS A PLOT OF LAND OF 0.60 HECTARE IN WROCLAW 
    * SIGNED AN AGREEMENT WITH ANOTHER SMARTEX'S SHAREHOLDER ON 
JOINT 
CONSTRUCTION OF AN OFFICE-COMMERCIAL BUILDING THROUGH SPV 
VEHICLE 
    * UNDER THE DEAL, IT WILL BUY REMAINING 37.7 PERCENT STAKE 
IN 
SMARTEX BY SEPT. 30, 2023 FOR ABOUT 11 MILLION ZLOTYS GROSS 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM345Q7ga 
     
 Further company coverage:  DEK.WA   
    
 
 
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