Brief: Magal Says Signed An Agreement To Acquire 55 Pct Controlling Interest In ECS BAZ Ltd

Senstar Technologies

13/02/2018 13:00

Feb 13 (Reuters) - Magal Security Systems Ltd  MAGS.O : 
    * MAGAL ACQUIRES CONTROL OF ESC BAZ - MANUFACTURER OF 
SECURITY 
VIDEO OBSERVATION & SURVEILLANCE SYSTEMS 
    * MAGAL SECURITY SYSTEMS LTD - SIGNED AN AGREEMENT TO 
ACQUIRE A 
55% CONTROLLING INTEREST IN ECS BAZ LTD 
    * MAGAL SECURITY SYSTEMS LTD - ANTICIPATED THAT BAZ'S 
OPERATION 
COUPLED WITH EXPECTED SYNERGIES WILL BE ACCRETIVE TO EARNINGS 
 
Source text for Eikon:  ID:nPn6prqWha  
Further company coverage:  MAGS.O  
 
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