Brief: GPI Signs Agreement To Buy 70 Pct Of BIM Italia

Gpi

19/12/2017 11:39

Dec 19 (Reuters) - GPI SPA  GPI.MI : 
    * SIGNS FRAMEWORK AGREEMENT TO BUY 70 PERCENT OF BIM ITALIA SRL 
    * PRICE OF BIM ITALIA SRL STAKE ACQUISITION IS EUR 6.9 MILLION IN CASH 
    * BIM ITALIA SRL AGREEMENT ENVISAGES EARNOUT AND GPI'S COMMITMENT TO BUYING REMAINING 30 
PERCENT 
STAKE BY END 2021 
 
Source text for Eikon:  ID:nBIA664Svv  
Further company coverage:  GPI.MI  
 
 (Gdynia Newsroom) 
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