July 14 (Reuters) - Zinzino AB ZZb.ST:
ZINZINO AB (PUBL.): ZINZINO INITIATES NEGOTIATIONS FOR PART OWNERSHIP IN ANDORRA-BASED XION INTERNATIONAL GROUP FOR FURTHER DEVELOPMENT OF PROPRIETARY OMEGA-3 OIL AND SPIRULINA
INITIATED A PROCESS TO ACQUIRE 35% OF XION INTERNATIONAL GROUP IN ORDER TO FORM A JOINT VENTURE TO PRODUCE ALGAE USING BIOREACTORS
XION HAS A TURNOVER OF APPROXIMATELY EUR 1.3 MILLION
Source text: ID:nWkr3DHMVF
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