Brief: Elve sells 51 pct of its subsidiary Calin SA for 11.5 mln euros

ELVE

22/10/2014 10:20

Oct 22 (Reuters) - Elve SA  ELBR.AT  
    * Sells 51 percent of its subsidiary Calin SA for 11.5 
million euros 
    * Says the proceeds will be used to lower lending and for 
future investments 
    * Says 49 percent acquired by Calzedonia Holding S.P.A. and 
2 percent by Calin's shareholders 
 
Source text: http://bit.ly/1t4GJwZ 
     
Further company coverage:  ELBR.AT  
 
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Keywords: ELVE/BRIEF