Brief: Banzai enters exclusive negotiations for potential sale of Saldiprivati to Showroomprive

SRP Groupe SA

28/07/2016 17:07

July 28 (Reuters) - Banzai SpA  BANZ.MI : 
    * Says it has received a proposal to purchase the Saldiprivati business from French group 
Showroomprive  SRPG.PA  
    * Banzai board granted Showroomprive a period of exclusivity lasting until Sept. 30 to 
negotiate the transaction documentation in good faith 
 
Source text: www.1info.it 
Further company coverage:  BANZ.MI  
 
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