Brief: Nextil Signs Agreement With Xain, To Create NextXain
Jan 8 (Reuters) - Nueva Expresion Textil SA NXTE.MC :
* SIGNED AN AGREEMENT WITH COMPANY XATENA INNOVARE (“XAIN”), FOR THE CREATION OF NEWCO
NEXTXAIN
* NEXTXAIN WILL BE 51% OWNED BY NEXTIL
* NEXTXAIN WILL BE EXCLUSIVE LICENSEE OF MEASUREMENT AND COMPENSATION TECHNOLOGY AND OWNER
OF ITS
SUCCESSIVE DEVELOPMENTS FOR TEXTILE SECTOR
Source text: ID:nCNM4F9GjX
Further company coverage: NXTE.MC
(Gdansk Newsroom)
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