Brief: Sabaf to purchase 70 pct stake in ARC Srl for EUR 4.8 mln
09/06/2016 16:38
June 9 (Reuters) - Sabaf Spa SABF.MI :
* Signs agreement for purchase of a 70 percent stake in ARC Srl
* Price for 70 percent stake in ARC Srl is 4.8 million euros ($5.44 million)
* The transaction is expected to be completed by the end of June
* ARC Srl is manufacturer of burners for professional cooking
Source text for Eikon: ID:nBIA092c0
Further company coverage: SABF.MI
($1 = 0.8829 euros)
(Gdynia Newsroom)
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