Brief: Monnari Receives Exclusivity In Talks To Buy Gino Rossi's Simple Creative Products

Monnari Trade SA

23/02/2018 16:52

Feb 23 (Reuters) - Monnari Trade SA  MONP.WA : 
    * SAYS GINO ROSSI ACCEPTED ITS NON-BINDING OFFER TO BUY  
SIMPLE 
CREATIVE PRODUCTS AND RECEIVED EXCLUSIVITY IN NEGOTIATIONS 
    * SAYS OFFER IS ACCEPTED UNDER CONDITION THAT SIMPLE SHARES 
WILL 
BE VALUED AT MIN 46 MILLION ZLOTYS, ASSUMING ZERO DEBT AND CASH 
    * SAYS FINAL PRICE FOR SIMPLE SHARES WILL BE SET AFTER DUE 
DILIGENCE 
 
Source text for Eikon:  ID:nEM7N1qdxa  
Further company coverage:  MONP.WA  
 
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