Brief: Monnari Trade Bids 12 Mln Zlotys For Simple Creative Products

Monnari Trade SA

18/07/2018 12:24

July 18 (Reuters) - MONNARI TRADE SA  MONP.WA :
    * DECIDES TO BID FOR SIMPLE CREATIVE PRODUCTS SA (SIMPLE)
    * OFFER BID AT 12 MILLION ZLOTYS
    * BID IN SECOND OFFER LOWER DUE TO SIMPLE'S WORSE FINANCIAL
RESULTS SINCE SUBMISSION OF FIRST OFFER
    * IN FEB. CO OFFERED BETWEEN 46.0 MILLION ZLOTYS AND 50.5
MILLION
ZLOTYS TO GINO ROSSI  GRIP.WA  FOR 100 PERCENT OF STAKE IN
SIMPLE CREATIVE PRODUCTS  urn:newsml:reuters.com:*:nL8N1QA15T

Source text for Eikon:  ID:nEMJ0rzwa 
Further company coverage:  MONP.WA ,  GRIP.WA 

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