Brief: Surteco Group Says Schürfeld Group Increases Stake In Surteco Group

Surteco SE

02/11/2020 14:08

Nov 2 (Reuters) - SURTECO GROUP SE  SURG.DE :
    * SCHÜRFELD GROUP INCREASES STAKE IN SURTECO GROUP SE
    * SCHURFELD GROUP ALREADY HOLDS ABOUT 4.6% OF SHARES IN
SURTECO
GROUP SE THROUGH PKG SCHÜRFELD GMBH
    * PKG SCHÜRFELD GMBH TODAY CONCLUDED AN AGREEMENT TO ACQUIRE
A
FURTHER STAKE IN SURTECO GROUP SE AMOUNTING TO AROUND 15.7% OF
SHARE CAPITAL
    * SURTECTO BE COMPLETED IN JANUARY 2021
    * WITH EXECUTION OF PURCHASE AGREEMENT, PARTICIPATION IN PKG
SCHÜRFELD GMBH IN SURTECO GROUP SE WILL INCREASE TO A TOTAL OF
ABOUT 20.34%

Source text for Eikon:  ID:nEQ3nhcc2a 
Further company coverage:  SURG.DE 

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