September 14, 2017 / 12:15 PM / 3 months ago

BRIEF-Sesa unit to buy 51 pct of ICOS​

Sept 14 (Reuters) - SESA SPA:

* UNIT SIGNS BINDING FRAMEWORK AGREEMENT TO BUY 51 PERCENT OF ICOS S.P.A.‍​

* PRICE FOR ACQUISITION OF ICOS IS EQUAL TO EUR 2.3 MLN‍​

* FOUNDERS HAVE OPTION TO SELL REMAINING 49 PERCENT TO SESA IN TWO TRANCHES IN APRIL 2019 AND APRIL 2020 FOR TOTAL PRICE OF EUR 2.2 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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