Brief: Elgeka to sell its Arivia unit for 20 mln euros

Elgeka SA Trade Distributions Representations Industry

30/11/2016 15:40

Nov 30 (Reuters) - Elgeka Trade Distributions 
Representations Industry SA  ELGR.AT : 
    * Approves sale of its total 90.04 percent stake in Arivia 
unit for 20 million euros  ($21.19 million) 
    * Says Arivia's buyer is a Greek company, funded by an 
international investment group - members of the Elgeka board to 
participate in its management 
    * Approves expansion of company's scope, to include 
potential opening in pharmaceutical industry 
 
     
Source text: http://bit.ly/2fRdopd 
     
Further company coverage:  ELGR.AT  
 
($1 = 0.9440 euros) 
 
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