Brief: Pierrel Buys Assets From 3M Company For $70 Mln

Pierrel SpA

03/05/2023 06:44

May 3 (Reuters) - Pierrel SpA  PRL.MI :
    * SAID ON TUESDAY IT HAD BOUGHT CONTRACTS, AUTHORISATIONS,
INTELLECTUAL PROPERTY OF PRODUCTS BY 3M COMPANY FOR $70 MLN
    * ADVANCE PAYMENT OF $3.5 MLN, CLOSING TO TAKE PLACE IN Q3
    * FUNDS FOR PURCHASE TO BE RAISED THROUGH CAPITAL INCREASE
OF UP
TO EUR 70 MLN
    * AS A RESULT SEES 2024 REVENUE TO DOUBLE COMPARED TO 2023

    
 Further company coverage:  PRL.MI  

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