Brief: Selena To Aquire 50% Stake In PIMCO

Selena FM SA

24/07/2023 17:19

July 24 (Reuters) - Selena FM SA  SELP.WA :
    * SIGNS CONDITIONAL INVESTMENT AGREEMENT WITH MASTERPLAST
NYILVÁNOSAN MŰKÖDŐ RÉSZVÉNYTÁRSASÁG (MASTERPLAST)
    * AGREEMENT ON COOPERATION WITHIN PIMCO COMPANY
    * UNDER AGREEMENT SELENA TO ACQUIRE 50% STAKE IN PIMCO
    * VALUE OF SELENA'S CONTRIBUTION AT UP TO EUR 10 MILLION
    * AGREEMENT SUBJECT TO PROVIDING PIMCO WITH DEBT FINANCING,
WHICH
WILL BE CONVERTED TO COMPANY'S CAPITAL

Source text for Eikon:  ID:nEMbR8x0va 
Further company coverage:  SELP.WA 

 (Reporting by Gdansk Newsroom)
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