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Banca Piccolo Credito Valtellinese Sc signs agreement for sale of Creset to Fire Group


Wednesday, 5 Mar 2014 11:37am EST 

Banca Piccolo Credito Valtellinese Sc:Says a framework agreement was signed between Credito Valtellinese (Creval) and Fire Group governing Creval's sale to Fire of 2,640 ordinary shares in Creset Servizi Territoriali, representing 60 pct stake.Says the sale is for a provisional amount of 3.6 million euros, calculated based on the equity resulting from the financial position as at the reference date of the sale (Dec. 31, 2013).Says the transaction is expected to be completed in the first half of 2014. 

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21 Nov 2014