Brief: SG Company Buys Stakes In Twico, Lievita And Bellanova Design

SG SB SpA

25/10/2019 17:33

Oct 25 (Reuters) - SG Company SpA  SGCO.MI :
    * ACQUIRES 15% IN TWICO SRL FROM ALESSANDRO MODENA
    * REMAINING 5% IN TWICO SRL IS HELD BY CEV HOLDING SRL
    * ACQUIRES 18% IN LIEVITA SRL FROM FEDERICO GORDINI
    * REMAINING 82% IN LIEVITA IS HELD BY CEV HOLDING SRL
    * ACQUIRES 5% IN BELLANOVA DESIGN SRL FROM ROCCO BELLANOVA
AND
RAISES ITS STAKE IN BELLANOVA DESIGN TO 100%
    * CEV HOLDING SRL IS 51%-OWNED BY SG COMPANY 
    * THE TRANSACTIONS ARE PART OF COMPANY'S REORGANISATION AND 
MERGER OF THE GROUP'S OPERATING COMPANIES INTO A SINGLE LEGAL
ENTITY 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIAQwFJl
    
 Further company coverage:  SGCO.MI  
   


 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10))