Brief: Tecnoquark Global Sells 49.99% of Tecnoquark Trust Capital to Crescent Hill Capital Corporation

Technomeca Aerospace SA

24/06/2019 16:57

June 24 (Reuters) - Tecnoquark Global SA  TQT.MC :
    * SAID ON SUNDAY, CRESCENT HILL CAPITAL CORPORATION BUYS
49.99% OF
TECNOQUARK TRUST CAPITAL IN A DEAL VALUED AT 6.2 MILLION EUROS,
INCLUDING DEBT FROM TECNOQUARK TRUST AND TECNOQUARK FRANCE
    * SETTLES THE DEAL WITH CRESCENT HILL IN A SHARE SWAP AT A
TOTAL
DEAL PRICE OF 1 EURO
    * SELLS 100% OF TECNOQUARK TOOLINGS AND TECNOQUARK AERO IN A
DEAL
WORTH 5 MILLION EUROS TO TWO SHAREHOLDERS CARLOS SOLER AND
VICENC MAURI, ALSO SETTLES THE DEAL AT A TOTAL PRICE OF 1 EURO
    * CRESCENT HILL AIMS TO PRESENT A STRATEGIC PLAN FOR
TECNOQUARK
PROJECT AND BRING IT BACK TO NORMAL TRADING ON THE STOCK
EXCHANGE



    
 Source text: https://bit.ly/2IEjRCC
    
 Further company coverage:  TQT.MC  
   


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