Brief: Italia Independent Group approves 9.3 mln euro payment by majority shareholder

IIG SpA in Liquidazione

07/07/2016 11:00

July 7 (Reuters) - Italia Independent Group SpA  IINT.MI : 
    * Says board approved a 9.3 million euro ($10.32 million) 
payment by majority shareholder Lapo Elkann 
    * Payment to be in part interest-free financing and in part 
a payment for a future capital increase  urn:newsml:reuters.com:*:nL8N19J25V 
    * Payment to be completed by Sept. 30 
 
Source text for Eikon:  ID:nBIA07181  
Further company coverage:  IINT.MI  
 
($1 = 0.9013 euros) 
 
 (Gdynia Newsroom) 
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