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Brief: Unimot's Olavion Signs Deal To Buy 60% Stake In German Rail Tranport Company RBP

Dec 18 (Reuters) - Unimot SA UNTP.WA:

SAID ON WEDNESDAY THAT ITS UNIT OLAVION HAS SIGNED AN AGREEMENT TO ACQUIRE 60% STAKE IN GERMAN RAIL TRANSPORT COMPANY RBP RHEINISCHE BAHNPERSONAL- UND VERKEHRSGESELLSCHAFT (RPB)

UNIT'S ESTIMATED FINANCIAL COMMITMENT IN THE TRANSACTION,  INCLUDING THE BASE PRICE AND ADDITIONAL PRICE FOR THE SALE OF SHARES, AND POTENTIAL EARN-OUT, WILL BE UP TO EUR 8.4 MLN(ABOUT 35.4 MLN ZLOTYS)

EARN-OUT CONTINGENT UPON THE FUTURE FINANCIAL RESULTS OF RBP

ACQUISITION WILL SUPPORT THE GROUP'S STRATEGY IN RAILWAY LOGISTICS DEVELOPMENT AND INTERNATIONAL EXPANSION

 Source text for Workspace: nEM1MK8Tja
 Further company coverage: UNTP.WA

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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