Brief: Viscofan Buys 60% Of Brasfibra And Master Couros

Viscofan SA

20/09/2024 06:05

Sept 20 (Reuters) - Viscofan  VIS.MC : 
    * ON THURSDAY SAID IT HAD ACQUIRED 60% OF BRASFIBRA AND
MASTER
COUROS FOR BRL 88 MILLION  ($16.22 MILLION)
    * PAYMENT OF 50% OF THIS PRICE HAS BEEN MADE UPON SIGNATURE
OF
CONTRACT
    * PAYMENT OF 30% WILL BE MADE ON 31 MARCH 2025 AND REMAINING
20%
ON 31 MARCH 2026

    
 Source text for Workspace:  urn:newsml:reuters.com:*:nCNM6c5577
 Further company coverage:  VIS.MC  


($1 = 5.4250 reais)

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