Brief: IVS Group Announces Unit's Acquisition Of Moneynet S.P.A.

IVS SA

28/12/2018 20:08

Dec 28 (Reuters) - IVS Group SA: 
    * IVS GROUP SA INFORMS THAT ITS 100 PCT CONTROLLED
SUBSIDIARY CSH
S.R.L. HAS SIGNED A CONTRACT FOR ACQUISITION OF 100 PCT OF
MONEYNET S.P.A.
    * EXPECTED PRICE FOR PURCHASE OF 100 PCT OF MONEYNET S.P.A.
SHARES
IS EQUAL TO  ONE HUNDRED THOUSAND EUROS
    * TRANSACTION IS SUBJECT TO AUTHORISATION OF BANK OF ITALY
    * AT CLOSING DATE MONEYNET SHALL HAVE A POSITIVE NET
FINANCIAL
POSITION OF AROUND EURO 3 MILLION

Source text for Eikon:  ID:nBIAVJQdM 
Further company coverage:  IVS.MI 

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