Brief: Labo Print Acquires 50% Stake In Consalnet

Labo Print SA

20/08/2020 07:17

Aug 20 (Reuters) - Labo Print SA  LAB.WA :
    * SAID ON WEDNESDAY IT HAS SIGNED A DEAL WITH A NATURAL
PERSON TO
ACQUIRE 50% STAKE IN GERMANY-BASED CONSALNET FOR 0.5 MILLION
ZLOTYS
    * SELLER HAS OPTION TO PURCHASE 50% STAKE IN COVER ART FROM
COMPANY, WHICH IF EXERCISED WILL UP DEAL PRICE FOR CONSALNET
SHARES BY 0.6 MILLION ZLOTYS TO 1.1 MILLION ZLOTYS
    * CONSALNET SELLS WALL DECORATIONS PRODUCED BY THIRD PARTIES
AND
CARRIES OUT E-COMMERCE ACTIVITIES VIA MARKETPLACES

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM69ySf8a
    
 Further company coverage:  LAB.WA  
   


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