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Kinexia SpA Acquires Stake in Innovatec Srl


Monday, 11 Mar 2013 03:36pm EDT 

Kinexia SpA announced that it has signed an agreement for acquisition of 71.429% in Innovatec Srl. The consideration for the acquisition of 59.586% stake was EUR 691,000 and will be paid in the Company's newly issued shares 330,209 of the value of EUR 2 per share, while the purchase of the remaining 11.822% will be paid in cash at a price of EUR 131,000. 

Company Quote

1.256
-0.0040 -0.32%
24 Oct 2014