Brief: Nebag To Invest In Non-Operating Assets Of Biella Holding

NEBAG AG

19/03/2019 07:22

March 19(Reuters) - NEBAG AG  NBEN.S  
    * SAYS IT PLANS TO INVEST IN NON-OPERATING ASSETS OF BIELLA
HOLDING AG
    * WILL FOUND COMPANY (POLUN HOLDING AG), WHICH WILL ACQUIRE
THE
NON-OPERATING SUBSIDIARIES OF BIELLA IN POLAND AND HUNGARY
    * SAYS AGREED PURCHASE PRICE WAS JUDGED ADEQUATE
    * CO'S PLANNED INVESTMENT IN POLUN HOLDING AG AMOUNTS TO
AROUND
CHF 2.4 MILLION

    
 Source text for Eikon:  ID:nEQb05v86a 
    
 Further company coverage:  NBEN.S  
   


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