Brief: Somec To Buy 60% Of Bluesteel

Somec SpA

27/07/2021 07:16

July 27 (Reuters) - Somec SpA  SOME.MI :
    * SIGNS DEAL FOR ACQUISITION OF 60% OF THE SHARE CAPITAL OF
BLUESTEEL SRL
    * OPERATION TO BE ENTIRELY FINANCED THROUGH USE OF OWN
RESOURCES
    * PRICE OF ACQUISITION INCLUDES FIXED COMPONENT, EQUAL TO
EUR 1.5
MLN, VARIABLE COMPONENT BY WAY OF EARN-OUT FOR UP TO EUR 0.5 MLN

Source text for Eikon:  ID:nBIA8dWR83 
Further company coverage:  SOME.MI 

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