Brief: Sogefi Sells Filtration Business In Brazil

Sogefi SpA

18/12/2020 07:25

Dec 18 (Reuters) - Sogefi SpA  SGFI.MI :
    * SAID ON THURSDAY THAT IT SIGNED A BINDING AGREEMENT TO
SELL ITS
BRAZILIAN FILTRATION BUSINESS TO SA EAGLE HOLDINGS
    * ENTERPRISE VALUE FOR THE TRANSACTION IS ESTIMATED AROUND
EUR 2.3
MILLION
    * CLOSING OF THE TRANSACTION IS EXPECTED BY THE END OF THE
YEAR
    * SAID IT WILL CONTINUE TO OPERATE IN BRAZIL WITH ITS
SUSPENSION
BUSINESS

    
   
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA2ldkvy
 Further company coverage:  SGFI.MI  
   


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