Brief: Sescom Signs Agreement, Plans To Invest In New Entity

Sescom SA

11/04/2018 16:57

April 11 (Reuters) - SESCOM SA  SESA.WA :
    * SIGNS AGREEMENT WITH DOZOR TECHNICZNY SP. J. R. RZEZNIAK, K. PIETRULEWICZ (PARTNER ENTITY)
SETTING MAIN INVESTMENT CONDITIONS
    * UNDER DEAL COMPANY TO INVEST IN PARTNER ENTITY FOLLOWING WHAT PARTNER ENTITY WILL
TRANSFORM ITS
LEGAL FORM TO PRIVATE LIMITED COMPANY (SP. Z O.O.) TILL SEPT. 30, 2018
    * SESCOM PLANS TO ACQUIRE MAJORITY STAKE IN NEWLY-CREATED ENTITY AFTER PERFORMING DUE
DILIGENCE OF
PARTNER ENTITY TILL APRIL 20, 2018
    * CONDITIONS OF INVESTMENT DEAL TO BE SETTLED TILL MAY 10, 2018
    * SESCOM HAS EXCLUSIVITY FOR NEGOTIATIONS

Source text for Eikon:  ID:nEMGWcG2a 
Further company coverage:  SESA.WA 

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