Brief: R. Stahl Increases Stake In South African Distribution Partner

R. Stahl AG

07/08/2019 16:47

Aug 7 (Reuters) - R STAHL AG  RSL2.DE :
    * INCREASES ITS STAKE IN SOUTH AFRICAN DISTRIBUTION PARTNER
ESACO
(PTY.) LTD AND TAKES OVER MAJORITY
    * INCREASES STAKE IN SOUTH AFRICAN DISTRIBUTION SPECIALIST
FOR
EXPLOSION PROTECTED DEVICES, ESACO LTD, BY 35% TO 70%
    * PURCHASE PRICE OF NOW ACQUIRED FURTHER STAKE OF 35% IS
EQUIVALENT TO EUR0.9 MILLION

Source text for Eikon:  ID:nEQ8MMF18a 
Further company coverage:  RSL2.DE 

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