Brief: Lumibird Confirms Planned Investment In Cilas Does Not Extend Beyond 37% Stake In Capital
24/11/2023 07:04
Nov 24 (Reuters) - Lumibird SA LBIRD.PA :
* CONFIRMS THAT ITS PLANNED INVESTMENT IN CILAS DOES NOT
EXTEND
BEYOND A 37% STAKE IN CAPITAL, WITH NO SIGNIFICANT INFLUENCE
* CONFIRMS THAT ITS DISCUSSIONS WITH CILAS ARE FOCUSING ON A
TECHNOLOGICAL AND INDUSTRIAL PARTNERSHIP RATHER THAN A CAPITAL
PARTNERSHIP
* IS DETERMINED TO BUILD AN AGREEMENT WITH CILAS, IN WHICH
LUMIBIRD WILL MAKE A VERY ACTIVE CONTRIBUTION TO THE DEVELOPMENT
OF A SOVEREIGN DEFENCE INDUSTRY
Source text for Eikon: ID:nGNE7dBFXk
Further company coverage: LBIRD.PA
(Gdansk Newsroom)
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