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Kinexia SpA Signs Agreement for Acquisition of 84.4% Stake in Sunsystem SpA; to Increase Share Capital Reserved to Sunsystem SpA's Sellers


Tuesday, 30 Jul 2013 04:27pm EDT 

Kinexia SpA announced that it has signed an agreement for the acquisition of a 84.4% stake in Sunsystem SpA for EUR 4.4 million through the subscription by the sellers of a share capital increase in the Company which will entitle them to 7.683% stake in Kinexia. The sellers are HQ Industrial Assets Srl, Dynameos SA, Focus SAS of Annoni Paolo e C., Paolo Giuseppe Annoni, Massimiliano Luca Campaiola, and Elena di Boschetti Dottor Giancarlo e C. SAS, owners respectively of a stake in Sunsystem equal to 37,5%, 17,5%, 14%, 7,4%, 2,8% e 5,2%, for a total of 84.4%. 

Company Quote

1.34
0.033 +2.52%
7:38am EDT