Brief: Grupa Kety Signs Conditional Deal To Buy Fengari Holdings I
BRIEF-Grupa Kety Signs Conditional Deal To Buy Fengari Holdings I Sept 14 (Reuters) - Grupa Kety S.A. KTY.WA:
SIGNS CONDITIONAL AGREEMENT TO BUY 100% OF FENGARI HOLDINGS I FOR UP TO EUR 450 MILLION
ENTERPRISE VALUE OF TARGET UNDER THE DEAL IS SET AT EUR 645 MILLION
TO FINANCE ACQUISITION VIA BANK LOAN AND OWN FUNDS, SIGNS TERM LOAN AGREEMENT FOR UP TO 2,000 MILLION ZLOTYS WITH BANK PEKAO
TARGET COMPANY FENGARI HOLDINGS I B.V. IS THE 100% OWNER OF ALUMINUM PROFILE MANUFACTURER METRA GROUP
METRA HAS 9 PLANTS IN ITALY, US AND CANADA WITH TOTAL EXTRUSION CAPACITY OF ABOUT 145,000 TONNES PER YEAR
Source text: ID:nEM8B7mMja
Further company coverage: KTY.WA
(Reporting by Gdansk Newsroom)
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