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Provider: Reuters Investment Profile
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Provider: Wright Reports
Provider: Wright Reports

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Emak SpA Sells Its Entire Stake in Subsidiary Emak Benelux NV

Thursday, 20 Sep 2012 11:14am EDT 

Emak SpA announced that it has signed an agreement for the sale of its entire stake in its subsidiary Emak Benelux NV, a Belgian company based in Meer, which deals with the distribution of Emak products on the Belgian and Dutch market. The sale price is set at EUR 50,000, corresponding to the equity value, compared with an enterprise value of EUR 260,000. Buyers will be Herman Kesters, General Manager of the company, and Bjorn Kesters. 

Company Quote

0.013 +1.37%
11:09am EDT