Brief: Stif France Enters Negotiations With Boss Industrial Group To Take 70% Stake In Boss Products
01/09/2025 16:56
Sept 1 (Reuters) - Stif France SAS ALSTI.PA: ENTERS INTO EXCLUSIVE NEGOTIATIONS WITH BOSS INDUSTRIAL GROUP TO TAKE CONTROL OF BOSS PRODUCTS HAS ENTERED INTO EXCLUSIVE NEGOTIATIONS WITH BOSS INDUSTRIAL GROUP FOR THE POTENTIAL ACQUISITION OF 70% OF THE CAPITAL OF BOSS PRODUCTS PROPOSED ACQUISITION WOULD BE FINANCED BY BANK DEBT AND EXPECTED TO TAKE EFFECT IN THE COMING WEEKS THIS WOULD INCREASE STIF GROUP'S TOTAL STAKE IN BOSS PRODUCTS TO 80% MANAGEMENT OF BOSS PRODUCTS WOULD REMAIN IN PLACE TO MANAGE SALES ACTIVITIES IN NORTH AMERICA Source text: ID:nACT93747 Further company coverage: ALSTI.PA (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48587696600;;))