Brief: Reg-Faurecia To Take Control Of 100% Of Parrot Automotive

Parrot SA

06/07/2018 06:32

July 6 (Reuters) - Faurecia  EPED.PA :
    * REG-FAURECIA TO TAKE CONTROL OF 100% OF PARROT AUTOMOTIVE
    * TRANSACTION WOULD BE BASED ON AN ENTERPRISE VALUE OF EUR
100
MILLION
    * TRANSACTION WOULD BE BASED ON AN ENTERPRISE VALUE OF EUR
100
MILLION, IDENTICAL TO THAT USED WHEN FAURECIA ENTERED INTO
CAPITAL OF PARROT AUTOMOTIVE IN 2017
    * TRANSACTION UNDERLINES IMPORTANCE OF PARROT AUTOMOTIVE IN
FAURECIA'S COCKPIT OF FUTURE STRATEGY

Source text for Eikon:  ID:nGNE1pb1HW 
Further company coverage:  EPED.PA 

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