Brief: Enter Air Unit Signs Deal To Acquire 49% Stake In Germania Flug

Enter Air SA

06/05/2019 10:08

May 5 (Reuters) - Enter Air SA  ENTP.WA :
    * SAID ON FRIDAY ITS UNIT HAS SIGNED INVESTMENT AGREEMENT
WITH
ZURICH-BASED ALBEX AVIATION REGARDING INVESTMENT IN GERMANIA
FLUG, A SWISS COMPANY CONDUCTING AVIATION BUSINESS   
    * UNDER AGREEMENT COMPANY SHALL ACQUIRE 49 PER CENT IN
GERMANIA
FLUG'S RAISED SHARE CAPITAL FOR $2 MILLION     
    * THE INVESTMENT AGREEMENT INCLUDES A CALL OPTION ENTITLING
COMPANY OR ENTITY INDICATED TO ACQUIRE UP TO 80 PER CENT OF
GERMANIA FLUG, INCLUDING THE SHARES ACQUIRED UNDER SAID
AGREEMENT
   

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM7qY2P1a
    
 Further company coverage:  ENTP.WA  
   


 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920))