Jan 10 (Reuters) - VESTEL ELEKTRONİK SANAYİ VE TİCARET
VESTL.IS :
* SAID ON THURSDAY WHOLLY OWNED INDIRECT SUBSIDIARY VESTEL
HOLLAND
B.V., BASED IN THE NETHERLANDS, ACQUIRES ENTIRE 120,000 SHARES,
EACH WITH A NOMINAL VALUE OF EUR 1, OF GRUPPO INDUSTRIALE VESIT
S.P.A. WITH ALL RIGHTS AND LIABILITIES FOR A TOTAL PRICE OF EUR
120,000
* GRUPPO INDUSTRIALE VESIT S.P.A. IS ESTABLISHED UNDER
ITALIAN
LAW, CURRENTLY ENGAGED IN THE SALE AND DISTRIBUTION OF VESTEL
PRODUCTS AND SERVICES IN ITALY
* A SHARE PURCHASE AGREEMENT HAS BEEN EXECUTED FOR THIS
PURPOSE,
AND SHARE TRANSFER WAS COMPLETED ON JANUARY 9
Source text: urn:newsml:reuters.com:*:nIKA3dZwPm
Further company coverage: VESTL.IS
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))