Brief: Lentex Starts Talks With Beaulieu International Group On Sale Of ZCP Wykladzin

Lentex SA

19/03/2021 14:42

March 19 (Reuters) - Lentex SA  LTX.WA :
    * STARTS TALKS WITH BELGIUM-BASED BEAULIEU INTERNATIONAL
GROUP ON
SALE OF ORGANISED PART OF ENTERPRISE
    * ORGANISED PART OF ENTERPRISE MANUFACTURES PVC FLOORING
    * PARTIES ALSO SIGNED DECLARATION SIMILAR TO LETTER OF
INTENT ON
BASIC CONDITIONS OF ZCP WYKLADZIN SALE TRANSACTION
    * UNDER DECLARATION ESTIMATED PRICE FOR ZCP WYKLADZIN
AMOUNTS TO 6
X AVERAGE EBITDA OF ZCP WYKLADZIN FROM 2019-2020, ENLARGED BY
VALUE OF NET WORKING CAPITAL

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Further company coverage:  LTX.WA 

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