Brief: Groupe E And Romande Energie Sell Cisel Informatique To Its Management

Romande Energie Holding SA

11/07/2018 06:14

July 11 (Reuters) - Romande Energie Holding SA  HREN.S :
    * GROUPE E AND ROMANDE ENERGIE ENTRUST CISEL INFORMATIQUE TO ITS MANAGEMENT
    * GROUPE E AND ROMANDE ENERGIE EACH OWN 45% OF CISEL INFORMATIQUE'S SHARE CAPITAL
    * GROUPE E AND ROMANDE ENERGIE ARE SELLING THEIR ENTIRE INTERESTS IN CISEL TO MANAGEMENT
    * CISEL INFORMATIQUE SA WILL BECOME FULLY INDEPENDENT AT END OF JULY THIS YEAR
    * NO JOB LOSSES WILL OCCUR AS A RESULT OF THIS MANAGEMENT BUY-OUT

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