Brief: Vianini: Board Resolves On Partial Demerger Of Subsidiary Domus Roma 15

Vianini SpA

26/11/2019 09:11

Nov 26 (Reuters) - Vianini SpA  VINI.MI :
    * SAID ON MONDAY BOARD RESOLVED ON PARTIAL NON-PROPORTIONAL
DEMERGER OPERATION OF SUBSIDIARY DOMUS ROMA 15 IN FAVOR OF NEWLY
ESTABLISHED BENEFICIARY COMPANY 
    * THE SPLIT PROVIDES, AMONG OTHER THINGS, THE ASSIGNMENT BY
DOMUS
ROMA OF ASSETS OF SALES BRANCH IN FAVOR OF BENEFICIARY COMPANY
    * DOMUS ROMA WILL MAINTAIN PROPERTY OF ASSETS OF LOCATION
BRANCH
    * BOARD OF DOMUS ROMA FIXED EXCHANGE RATIO BETWEEN SHARES OF
THE
NEW BENEFICIARY COMPANY AND SHARES OF DOMUS ROMA AT 1 SHARE OF
THE NEW BENEFICIARY COMPANY FOR EACH 1.35 SHARES OF DOMUS ROMA
    * FOLLOWING DEMERGER CAPITAL OF DOMUS ROMA WILL BE HELD IN
FULL BY
DOMUS ITALIA 
    * DOMUS ITALIA IS MAJORITY SHAREHOLDER OF DOMUS ROMA WITH
55%
STAKE 

    

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA6j2T2L
    
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