Brief: TIG Terminates Agreement With WDB

Erato Energy SA

18/04/2018 08:41

April 18 (Reuters) - TECH INVEST GROUP SA  TIGP.WA :
    * SAID ON TUESDAY IT TERMINATES AGREEMENT WITH WDB BROKERZY
UBEZPIECZENIOWI SA (WDB)  WDB.WA 
    * UNDER AGREEMENT WDB HAD POTENTIAL RIGHTS TO REPURCHASE
PART OF
SHARES OF WDB HEALTHCARE SP. Z O.O. (WDB HC), WDB AND TIG FROM
TIG
    * DECISION TO TERMINATE THE AGREEMENT IS DICTATED BY THE
PROVISIONS OF THE INSURANCE DISTRIBUTION ACT WHICH COMES INTO
FORCE ON OCTOBER 1
    * COMPANY PLANS TO SELL ALL SHARES OF WDB HC TO A THIRD
PARTY 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM3hm8WDa,  urn:newsml:reuters.com:*:nEM3Ftnkba
    
 Further company coverage:  TIGP.WA ,  WDB.WA 
   


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