Brief: Elica To Buy Remaining 40% Of Unit Air Force For EUR 3 Mln

Elica SpA

27/06/2022 11:26

June 27 (Reuters) - Elica SpA  ELC.MI :
    * INCREASES ITS STAKE TO 100% OF SHARE CAPITAL OF AIR FORCE
    * SIGNS AGREEMENT TO ACQUIRE 40% OF SUBSIDIARY AIR FORCE
FROM
URBANO URBANI, FOLLOWING TRANSACTION, ELICA TO CONTROL 100% OF
AIR FORCE
    * CLOSING OF TRANSACTION IS EXPECTED TO TAKE PLACE IN FIRST
FEW
DAYS OF JULY
    * TRANSACTION (CLOSING) PROVIDES FOR TRANSFER OF 40% OF AIR
FORCE
TO ELICA FOR EUR 3.0 MILLION


Further company coverage:  ELC.MI 

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