December 22, 2017 / 4:59 PM / in 2 months

BRIEF-Grupa Exorigo-Upos Signs Heads Of Terms To Buy Pierhouse Business Solutions

Dec 22 (Reuters) - Grupa Exorigo-Upos SA:

* SAYS SIGNS HEADS OF TERMS FOR ACQUISITION OF 100% STAKE IN PIERHOUSE BUSINESS SOLUTIONS LTD

* SAYS IT WILL BUY DIRECTLY OR INDIRECTLY FIRST A 60% STAKE IN PIERHOUSE FOR 720,000 BRITISH POUNDS

* SAYS WILL BUY FURTHER 40% STAKE IN PIERHOUSE FOR 480,000 POUNDS UPON MEETING CERTAIN CONDITIONS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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