Brief: Procad Signs LoI With Groclin On Sale Of 61.9% Stake Of Des Art

Less SA

02/03/2018 09:47

March 2 (Reuters) - PROCAD SA  PRD.WA :
    * SAID ON THURSDAY THE COMPANY SIGNED LETTER OF INTENT (LOI)
WITH
GROCLIN SA  GCN.WA  ON SALE OF STAKE IT HOLDS IN DES ART SP. Z
O.O.
    * PROCAD CURRENTLY OWNS 61.9 PERCENT STAKE IN DES ART 
    * LOI PROVIDES GROCLIN WITH 3 MONTHS EXCLUSIVITY IN
NEGOTIATIONS 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMblSYB1a
    
 Further companies coverage:  PRD.WA   GCN.WA 
   


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