Brief: Somec To Buy Minority Stakes In Inoxtrend And Hysea

Somec SpA

18/05/2021 06:22

May 18 (Reuters) - Somec SpA  SOME.MI :
    * SAID ON MONDAY BOARD HAS APPROVED PURCHASE PROPOSAL OF
MINORITY
STAKES EQUAL TO 10% OF SHARE CAPITAL IN INOXTREND SRL FOR PRICE
BETWEEN EUR 75,000-100,000 
    * BOARD HAS APPROVED PURCHASE PROPOSAL OF 10% OF SHARE
CAPITAL IN
HYSEA SRL FOR PRICE OF EUR 10,000 
    * OPERATIONS, WHICH ARE PART OF A SIMPLIFICATION PROGRAM OF
CORPORATE STRUCTURE, WILL BE FINANCED ENTIRELY THROUGH OWN FUNDS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA4sQYwK
    
 Further company coverage:  SOME.MI  
   


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