Brief: Emak Prelim. FY Revenue Down At EUR 435.4 Mln, Buys Sweden's Markusson

Emak SpA

03/02/2020 09:41

Feb 3 (Reuters) - Emak SpA  EM.MI :
    * REPORTED ON SATURDAY PRELIMINARY FY REVENUE EUR 435.4 MLN
VERSUS
EUR 452.8 MLN YEAR AGO 
    * UNIT COMPLETES ACQUISITION OF 51% OF SWEDEN'S MARKUSSON
PROFESSIONAL GRINDERS FOR SEK 17.8 MILLION 
    * DEAL INCLUDES PUT AND CALL OPTION ON REMAINING 49% OF
MARKUSSON
WHICH CAN BE EXERCISED IN 2023

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA7hkCvX
    
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