Brief: Festi Announces Purchase Of All Shares In Íslensk Orkumiðlun

Festi hf

01/03/2020 20:32

March 1 (Reuters) - Festi hf  FESTI.IC :
    * REG-FESTI: PURCHASE OF ALL SHARES IN ÍSLENSK ORKUMIÐLUN
    * FESTI HF - PURCHASE PRICE OF SHARES IS AROUND 850 MILLION
ISK
    * FESTI HF- PURCHASE PRICE WILL BE PAID WITH SHARES IN AND A
CASH
PAYMENT UPON CLOSING
    * FESTI HF- INVESTMENT AMOUNTS TO 722,5 MILLION ISK

Source text for Eikon:  ID:nGNE9xqkrB 
Further company coverage:  FESTI.IC 

 ((Reuters.Briefs@thomsonreuters.com;))