Brief: Elica Sells 4.78% Stake In Elica PB India To Whirlpool Of India For EUR 8.2 Mln
Sept 19 (Reuters) - Elica SpA ELC.MI :
* SELLS 4.78% STAKE IN ELICA PB INDIA TO WHIRLPOOL OF INDIA
FOR
EUR 8.2 MILLION
* ELICA AND GROUP OF OTHER INDIAN MINORITY SHAREHOLDERS TO
KEEP
STAKE OF AROUND 1.59 % EACH
* DISTRIBUTION OF BRAND IN INDIA, NEPAL, BANGLADESH MANAGED
BY
WHIRLPOOL OF INDIA UNTIL 2038, WITH ROYALTY MECHANISM BOOSTING
ELICA EPS
Further company coverage: ELC.MI
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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