Brief: Intek Group Unit Completes Sale Of Its Wires Business To Elcowire Group AB

KME SpA

28/02/2022 17:41

Feb 28 (Reuters) - Intek Group SpA  IKG.MI :
    * SUBSIDIARY KME MANSFELD COMPLETES SALE OF ITS WIRES
BUSINESS TO
ELCOWIRE GROUP AB
    * EXECUTION OF AGREEMENT ALLOWS KME TO CASH IN FOR THE SALE
OF
100% OF NEWCO SHARES OVERALL AMOUNT OF EUR 20 MILLION

Further company coverage: [IKG.MI    ]

 (Reporting by Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))