Brief: DIA Informs On Termination Of Agreement With C2 Private Capital To Sell Beauty By Dia

Distribuidora Internacional de Alimentacion SA

01/08/2023 07:36

Aug 1 (Reuters) - Distribuidora Internacional de
Alimentacion SA  DIDA.MC :
    * INFORMS ON THE SIGNATURE OF A SHARE PURCHASE AGREEMENT
    * SHARE PURCHASE AGREEMENT OF BEAUTY BY DIA ("CLAREL")
SIGNED ON
22 DECEMBER 2022 BETWEEN DIA RETAIL ESPANA ("DIA RETAIL"), AS
SELLER, AND C2 PRIVATE CAPITAL ("C2"), AS PURCHASER
    * COMPANY ANNOUNCES THAT AS ALL CONDITIONS PRECEDENT OF
AGREEMENT
HAVE NOT BEEN FULFILLED ON OR BEFORE 31 JULY 2023, AGREEMENT HAS
BEEN AUTOMATICALLY TERMINATED
    * COMPANY IS EVALUATING OTHER STRATEGIC OPTIONS FOR SALE OF
CLAREL
AND WILL KEEP MARKET PUNCTUALLY INFORMED AT THIS RESPECT

Source text for Eikon:  ID:nCNM2pdvcR ;  urn:newsml:reuters.com:*:nFWN33C11Y
Further company coverage:  DIDA.MC 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))