Brief: El.En. Says Signs A Framework Agreement With The Chinese Company YOFC

El En SpA

08/11/2024 17:36

Nov 8 (Reuters) - El En SpA  ELEN.MI :
    * 
    * EL EN SPA - TOTAL EXPECTED VALUE OF 55.3 MILLION EUROS
    * EL EN SPA - EL.EN. GROUP WILL RETAIN A 19.30% STAKE IN
PENTA
LASER ZHEJIANG LTD., CO. AND A 30% STAKE IN CUTLITE PENTA
    * EL EN SPA - YOFC WILL SUBSCRIBE A CAPITAL INCREASE IN
CUTLITE
PENTA OF 2.5 MILLION EUROS

Source text:  ID:nBIA35sZs1 
Further company coverage:  ELEN.MI 

 ((Reuters.Briefs@thomsonreuters.com;))