Brief: Italmobiliare To Sell With Accel-KKR 9.5% Of Jagger To Cinven

Italmobiliare SpA

09/07/2019 07:22

July 9 (Reuters) - Italmobiliare SpA  ITMI.MI :
    * SAID ON MONDAY THAT IT WOULD SELL WITH ACCEL-KKR ITS 9.5%
STAKE
IN JAGGAER TO CINVEN
    * OWNS STAKE IN JAGGAER THROUGH SPECIAL PURPOSE VEHICLE
SCIQUEST
TOPCO
    * DEAL VALUE STAKE IN JAGGAER ABOUT $100 MLN BEFORE TAXES ON
CAPITAL GAINS AND POSSIBLE ADJUSTMENT
    * OPERATION IS EXPECTED TO BE FINALISED BY Q3 2019

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA56277l
    
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