Brief: Landi Renzo Signs Agreement For Merger Between SAFE And Clean Energy Compression

Landi Renzo SpA

27/11/2017 08:33

Nov 27 (Reuters) - LANDI RENZO SPA  LR.MI : 
    * SIGNS AN AGREEMENT WITH CLEAN ENERGY FUELS FOR MERGER 
BETWEEN 
SAFE AND CLEAN ENERGY COMPRESSION 
    * AGREEMENT ENVISAGES SETTING UP OF A NEWCO, MADE UP OF 100% 
OF 
SAFE AND 100% OF CLEAN ENERGY COMPRESSION 
    * NEW GROUP TO HAVE ESTIMATED TURNOVER OF ABOUT EUR 58 
MILLION AT 
END OF 2018 (ABOUT EUR 107 MILLION AT END OF 2022) 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nBIA4zx3Zw 
Further company coverage:  LR.MI  
 
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