Brief: Bel Group Announces Signing Of Agreement To Acquire All In Foods

Unibel SA

12/03/2020 18:13

March 12 (Reuters) - UNIBEL SA  CBQP.PA :
    * BEL GROUP ANNOUNCES THE SIGNING OF AN AGREEMENT TO ACQUIRE
ALL
IN FOODS
    * FINAL COMPLETION OF THE ACQUISITION IS EXPECTED BY THE END
OF
MAY 2020 AT THE LATEST
    * BECOMES THE MAJORITY PARTNER WITH A PARTICIPATION OF 80%
OF THE
CAPITAL
    * THE ACQUISITION WILL ONLY BE FINANCED BY BEL RESOURCES
    * A LIQUIDITY MECHANISM WILL ENABLE BEL TO HOLD 100% OF THE
CAPITAL BY 2024

Source text for Eikon:  ID:nGNE8SXTqj 
Further company coverage:  CBQP.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))