Brief: Enervit buys 10.47 percent of stake in Slorfeldt
01/09/2015 14:24
Sept 1 (Reuters) - Enervit SpA ENVT.MI :
* Buys 10.47 percent stake in Slorfeldt Trading AB (Slorfeldt), a company distributing
Enervit products in Sweden and Norway
* Acquires stake in Slorfeldt Trading AB via reserved capital increase for total 150,000
euros ($168,960.00)
* Agreement with Slorfeldt Trading AB envisages put & call options on given Slorfeldt
productivity to be exercized by June 30, 2017 to buy a majority stake in Slorfeldt
* Agreement envisages further put & call options for the acquisition by Enervit of 100
percent stake in Slorfeldt
Source text for Eikon: ID:nBIA0123c
Further company coverage: ENVT.MI
($1 = 0.8878 euros)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))