Brief: Makarony Polskie updates on talks with Raya Holding

Makarony Polskie SA

16/06/2016 06:55

June 16 (Reuters) - Makarony Polskie SA  MAKP.WA : 
    * Said on Wednesday that it signed a non-disclosure 
agreement with a potential investor, Egypt-based Raya Holding 
for Technology & Telecommunications S.A.E.  
    * The agreement is about maintaining confidentiality during 
the due diligence checks of Makarony Polskie in regards to 
negotiations concerning cooperation and the company's engagement 
on the African markets 
    * The due diligence procedure will last until July 31 
    * Informed about negotations for sale of 19.39 percent stake 
to Raya Holding on June 9  urn:newsml:reuters.com:*:nFWN19103X 
 
         
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1544853 
     
 Further company coverage:  MAKP.WA   
    
 
 
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