Brief: French company Reworld Media gets option to buy Grazia and Icon media titles from Italian company Mondadori

Unify

20/10/2022 19:25

Oct 20 (Reuters) - Reworld Media  ALREW.PA :
    * GRANTED A PUT OPTION THROUGH WHICH ITS SUBSIDIARY
MONDADORI
MEDIA S.P.A. IS ENTITLED WITH THE RIGHT TO SELL ITS GRAZIA AND
ICON BUSINESS OPERATIONS.
    * OPTION TO BUY GRAZIA AND ICON TITLES FROM MONDADORI FOR
MAXIMUM
AMOUNT OF 8.5  MILLION EUROS

Further company coverage:  ALREW.PA 
 (Reporting by Sudip Kar-Gupta)
 ((sudip.kargupta@thomsonreuters.com;))