Brief: SG Company Sells 60% Of Core To Minority Shareholder Network Communication

SG SB SpA

28/05/2020 07:10

May 28 (Reuters) - Sg Company SpA  SGCO.MI :
    * SELLS ITS CONTROLLING STAKE IN CORE TO MINORITY
SHAREHOLDER
NETWORK COMMUNICATION
    * CONTROLLING STAKE IN CORE IS EQUAL TO 60%
    * PROCEEDS FROM SALE AMOUNT TO EUR 12,000
    * THERE ARE NO DEFERRED AMOUNTS OR DIVIDEND DISTRIBUTIONS BY
CORE
    * DAVIDE FERRUCCIO VERDESCA CEO AND CHAIRMAN RESIGNS
    * DAVIDE FERRUCCIO VERDESCA CEO AND CHAIRMAN RESIGNS FROM
BOARD OF
DIRECTORS OF CORE

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA1f84Lz
Further company coverage:  SGCO.MI 

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