Brief: TXT E-Solutions To Buy 40% Of ProSim Training Solutions

TXT e Solutions SpA

04/11/2022 11:26

Nov 4 (Reuters) - TXT e solutions SpA  TXTS.MI :
    * TXT SIGNS A BINDING AGREEMENT FOR THE INVESTMENT IN PROSIM
TRAINING SOLUTIONS
    * INITIAL INVESTMENT CONSISTS OF A CAPITAL INCREASE IN
PROSIM-TS
RESERVED TO TXT
    * AGREEMENT INCLUDES FURTHER INVESTMENTS ROUND THAT IF
EXECUTED
WILL ALLOW GROUP TO INCREASE ITS OWNERSHIP UP TO 100%
    * AGREEMENT CONSISTS OF INITIAL CAPITAL INCREASE IN
PROSIM-TS
RESERVED TO TXT FOR EUR 0.5 MILLION, AGAINST WHICH TXT WILL OWN
40% OF PROSIM-TS

Further company coverage:  TXTS.MI 
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