Brief: Prisa Reiterates That Cofina Has Breached Sale And Purchase Agreement Of Grupo Media Capital Stake

Grupo Media Capital SGPS SA

16/03/2020 08:15

March 16 (Reuters) - Promotora de Informaciones  PRS.MC :
    * SAYS REITERATES ITS UNDERSTANDING THAT COFINA HAS BREACHED THE SALE AND PURCHASE AGREEMENT
DATED
20 SEPTEMBER AND AMENDED ON 23 DECEMBER 2019
    * SAYS IT REJECTS THE GROUNDS ON WHICH COFINA NOW INTENDS TO BASE A RESOLUTION OF THE SALE
AND
PURCHASE AGREEMENT, TO WHICH IT REFERS IN ITS COMMUNICATION DATED MARCH 13

Source text for Eikon: https://bit.ly/3d30Eri
Further company coverage:  PRS.MC 

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