Brief: Innovatec To Buy Remaining 49.9% Of Clean Tech LuxCo

Innovatec SpA

02/07/2021 08:25

July 1 (Reuters) - Innovatec SpA  INCI.MI :
    * SAID ON THURSDAY IT HAD SIGNED PRELIM DEAL TO BUY
REMAINING
49.9% OF CLEAN TECH LUXCO (CL)
    * TO BUY FROM FIDIMO FIDUCIARIA FINANCIAL INSTRUMENTS WORTH
EUR 10
MLN IN NOMINAL VALUE ISSUED BY CL'S UNIT SPC GREEN AND
UNDERWRITTEN BY SOUND POINT BEACON MASTER FUND LP
    * TOTAL CONSIDERATION FOR PURCHASE OF 49.9% OF CL AND
FINANCIAL
INSTRUMENTS IS EUR 17 MLN 
    * EXPECTS CLOSING ON JULY 14

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIAKYKqv
    
 Further company coverage:  INCI.MI  
   


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