Brief: Sanlorenzo To Buy 95% Of Simpson Marine For $10 Mln
Dec 11 (Reuters) - Sanlorenzo SpA SNL.MI :
* SANLORENZO AND MIKE SIMPSON SIGN A BINDING AGREEMENT FOR
SANLORENZO TO ACQUIRE A MAJORITY STAKE OF SIMPSON MARINE GROUP
* TO BUY 95% OF SHARE CAPITAL OF SIMPSON MARINE LIMITED FOR
$10
MILLION, PLUS EARN-OUT UP TO $7 MILLION
Further company coverage: SNL.MI
(Gdansk Newsroom)
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