Oct 9 (Reuters) - Italian Wine Brands SpA ITWB.MI:
IWB GROUP SUBSCRIBES BINDING OFFER WITH CAFFO GROUP FOR DEVELOPMENT OF VALLE TALLORIA SITE
DEAL IS FOR SALE OF VALLE TALLORIA BUSINESS UNIT, CONSISTING OF INDUSTRIAL HUB, RELATED ACTIVITIES
CAFFO GROUP TO TRANSFER PRODUCTION, HISTORICAL ARCHIVE OF CINZANO BRAND TO BUSINESS UNIT
TRANSFER EXPECTED TO TAKE PLACE BY END OF 2025 IF CERTAIN CONDITIONS, INCLUDING DEFINITION AND SIGNING OF FINAL AGREEMENTS, ARE MET
Further company coverage: ITWB.MI
(Gdansk Newsroom)
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