Brief: Inapa signs letter of intent to acquire France's Papyrus

Inapa Investimentos Participacoes e Gestao SA

19/09/2016 07:46

Sept 19 (Reuters) - Inapa SA  INA.LS : 
    * Presents to French Competition Authority a request for 
assessment of possible acquisition of Papyrus 
    * Begins preliminary discussions with Papyrus about full 
take over and signed a non-binding letter of intent 
    * Says Papyrus is involved in paper distribution in France 
and reached turnover of 156.5 million euros ($174.67 million) in 
2015 
 
     
Source text: http://bit.ly/2cLUgEI 
     
Further company coverage:  INA.LS  
 
($1 = 0.8960 euros) 
 
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