Brief: Skan Group Closes Announced Increase Of Its Stake In Aseptic Technologies

SKAN AG

04/07/2022 06:03

July 3 (Reuters) - SKAN GROUP AG  SKAN.S :
    * CLOSES ANNOUNCED INCREASE OF ITS STAKE IN ASEPTIC
TECHNOLOGIES
    * AS OF JULY 1, 2022, IT ACQUIRED A FURTHER 20% OF SHARES
FROM
CO-OWNER, SOCIÉTÉ RÉGIONALE D'INVESTISSEMENT DE WALLONIE (SRIW),
INCREASING ITS STAKE TO 80%
    * UNDER CONTRACTUAL AGREEMENT WITH SIRW, SKAN WILL ACQUIRE
TWO
SUBSEQUENT TRANCHES OF 5% EACH BETWEEN 2023 AND 2026
    * SRIW WILL REMAIN A 10% SHAREHOLDER IN ASEPTIC TECHNOLOGIES
AND
WILL CONTINUE TO SUPPORT COMPANY ALONGSIDE SKAN

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Further company coverage:  SKAN.S 

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