Brief: Wojas Signs Investment Agreement With Bartek

Wojas SA

05/03/2019 08:31

March 5 (Reuters) - Wojas SA  WOJ.WA :
    * SAID ON MONDAY THAT ON FEB. 21 IT SIGNED INVESTEMNT
AGREEMENT
WITH SHOE PRODUCER BARTEK SA AND ITS SOLE SHAREHOLDER 
    * UNDER AGREEMENT COMPANY MAY ACQUIRE UP TO 56% OF BARTEK SA
STAKE
    * COMAPNY HAS ALSO AGREED TO GRANT LOAN TO BARTEK SA
    * THE PURPOSE OF THE AGREEMENT IS TO REACH BETTER SYNERGY
EFFECTS
THROUGH COOPERATION IN AREAS SUCH AS E-COMMERCE, PRODUCT OFFER
EXPANSION AND LOWERING RENTAL COSTS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM3DxnxQa
    
 Further company coverage:  WOJ.WA  
   


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