Brief: Orsero To Buy 80% Of Blampin For EUR 40 Mln

Orsero SpA

22/12/2022 17:06

Dec 22 (Reuters) - Orsero SpA  ORSO.MI :
    * SIGNS DEAL TO BUY 80% OF BLAMPIN FOR EUR 40 MILLION
    * CLOSING EXPECTED ON FIRST HALF OF JAN 2023
    * PUT&CALL OPTION ON 13.3% STAKE TO BE EXERCISED BETWEEN JAN
1,
2027 UNTIL DEC 31, 2028
    * RESIDUAL OF ABOUT 6.7% OF SHARE CAPITAL TO REMAIN IN THE
HANDS
OF GROUP OF MANAGERS OF BLAMPIN GROUPE

Further company coverage:  ORSO.MI 
 (Reporting by Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48587720920;))