April 23, 2019 / 5:40 AM / 2 months ago

BRIEF-Adveo Says Sale Of Italian Unit To GDN Was Not Successful

April 23 (Reuters) - Adveo Group International SA :

* SAID ON MONDAY NEGOTIATIONS WITH GDN S.P.A. GROUP CONCERNING SALE OF UNIT ADVEO ITALIA HAVE NOT BEEN SUCCESSFUL AND HAVE BEEN CLOSED

* MAINTAINS NEGOTIATIONS WITH TWO OTHER INVESTOR GROUPS FOR SALE OF ADVEO ITALIA, SETTING DEADLINE OF END OF MONTH TO REACH A DEAL

* SANDTON HAS EXTENDED TERM OF ITS OFFER FOR ADVEO’S PRODUCTION UNITS IN FRANCE AND BENELUX TO MAY 22

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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