Brief: Nova Re To Buy Three Hotels In Verona, Bologna And Vicenza

Next Re SIIQ SpA

06/12/2018 16:56

Dec 6 (Reuters) - Nova Re SpA  NR.MI :
    * REACHES INVESTMENT AGREEMENT FOR ACQUISITION OF THREE HOTEL PROPERTIES IN VERONA, BOLOGNA
AND
VICENZA
    * ACQUISITION IS IN LINE WITH COMPANY'S MOVE TO HOSPITALITY SECTOR
    * PRICE OF ACQUISITION FOR ALL THREE HOTELS IS EUR 23.3 MILLION
    * ACQUISTION TO BE PAID FOR 53.6 PERCENT IN CASH AND FOR THE REST IN KIND

Source text for Eikon:  ID:nBIA4yQgFQ 
Further company coverage:  NR.MI 

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