Brief: PZ Cormay to buy up to 5 mln Orphee's shares

PZ Cormay SA

18/05/2016 14:59

May 18 (Reuters) - PZ Cormay SA  CRM.WA : 
    * Sets conditions with TTL 1 Sp. z o.o. for purchase of 
Orphee SA  ORPP.WA  shares 
    * Will sign deal for purchase of Orphee shares from TTL1 by 
June 15 
    * To buy up to 5 million Orphee shares for 2 zlotys per 
share and will set off liabilities with TTL1 
 
Source text for Eikon:  ID:nEM1838597  
Further company coverage:  CRM.WA  
 
($1 = 3.8964 zlotys) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))