Brief: Boards of Techniline and Groupe Unika approve merger

We. Connect SA

17/12/2014 07:35

Dec 17 (Reuters) - Techniline SA  ALTEC.PA : 
    * Boards of Techniline and Groupe Unika approve in principle 
merger by absorption of Groupe Unika by Techniline 
    * Assets of Groupe Unika would be transferred to  Techniline 
    * Ratio at which shares will be converted to be announced at 
later date when valuation of Groupe Unika's assets is finalised 
    * Techniline shares remain suspended 
    * After merger Unika group shareholders will be majority 
shareholders of new entity and listing on Alternext will be 
maintained 
 
Source text for Eikon:  ID:nACT38263  
Further company coverage:  ALTEC.PA  
 
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Keywords: TECHNILINE/BRIEF