Brief: Europacorp sold business assets related to French television production activity

EuropaCorp SA

17/11/2017 17:46

Nov 17 (Reuters) - EUROPACORP SA  ECP.PA : 
    * EUROPACORP TELEVISION HAS SOLD BUSINESS ASSETS RELATED TO 
FRENCH 
TELEVISION PRODUCTION ACTIVITY 
    * TRANSFER OF THESE ELEMENTS WILL GO WITH THE TAKE BACK OF 
ALL THE 
EMPLOYEES OF THE FRENCH ACTIVITY 
    * CURRENT CEO OF EUROPACORP TELEVISION, THOMAS ANARGYROS, 
HAS 
ACQUIRED THESE BUSINESS ASSETS FOR A PRICE OF 11 MILLION.   
    * AS RESULT OF SALE, CO'S OVERHEADS TO DECREASE BY YEARLY 
AMOUNT 
COMPRISED BETWEEN 2.5 MILLION AND 3 MILLION 
 
Source text: http://bit.ly/2zLsPu0 
Further company coverage:  ECP.PA  
 
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