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FRE — Frendy Energy SpA News Story

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Brief: Frendy Energy buys remaining stake in two companies

Jan 15 (Reuters) - Frendy Energy SpA  FDE.MI : 
    * Reported on Thursday that it acquired remaining 49 percent 
stakes in two companies: Alfa Idro Srl and CCS Blu Srl 
    * The deal value is about 0.7 million euro ($762,020.00) 
including 0.1 million euros for Alfa Idro Srl stake, 0.4 million 
euros for CCS Blu Srl stake and purchase of loans of their 
shareholders for about 0.2 million euros 
    * Ubi Banca grants 3 million euros of credit line for 
investments 
 
     
  
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA14342 
     
 Further company coverage:  FDE.MI   
    
 
 
 
($1 = 0.9186 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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