Brief: Montebalito To Acquire Construiber From Gartein
23/10/2023 16:03
Oct 23 (Reuters) - Montebalito SA MTBA.MC :
* RELATED PARTY TRANSACTION BETWEEN MONTEBALITO, AND COMPANY LINKED TO IT CALLED GARTEIN
* TRANSACTION CONSISTS OF ACQUISITION OF PORTUGUESE COMPANY OWNED BY GARTEIN AND NAMED
CONSTRUIBER
SOCIEDADE INMOBILIARIA
* SALE IS ASSOCIATED WITH THE PROVISION OF A GUARANTEE TO BE PROVIDED BY CO WITHIN THE
BANKRUPTCY
CONSTRUIBER CREDITORS
* OPERATION TO BE FORMALISED DURING 2023
* CONSTRUIBER IS UNDER BANKRUPTCY PROCEEDINGS ACCORDING TO THE LAWS OF PORTUGAL
* PURCHASE PRICE IS SYMBOLIC, GIVEN CURRENT VALUATION OF CONSTRUIBER SOCIEDADE INMOBILIARIA
Source text for Eikon: ID:nCNM1XPWVn
Further company coverage: MTBA.MC
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