Brief: ILPRA To Buy 70% Of PENTAVAC For EUR 5.7 Mln

ILPRA SpA

05/05/2023 07:42

May 5 (Reuters) - ILPRA SpA  ILP.MI 
    * SAID ON THURSDAY HAS SIGNED BINDING AGREEMENT TO BUY 70%
OF
PENTAVAC FOR EUR 5.7 MLN, CLOSING EXPECTED IN JUNE 2023
    * DEAL INCLUDES BUY OPTION FOR REMAINING 30% TO BE EXERCISED
BY
JUNE 2027
    * PENTAVAC REPORTED FY 2022 EBITDA AT EUR 1.2 MLN, IT IS
ACTIVE IN
PACKAGING INDUSTRY


 Further company coverage:  ILP.MI  

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