December 1, 2016 / 7:51 AM / a year ago

BRIEF-Alba postpones conditions precedent deadline for sale of unit Sotov Corporation

Dec 1 (Reuters) - Alba SpA :

* Said on Wednesday that the board approved to sign a change to the preliminary agreement for the sale of its whole investment in its unit Sotov Corporation SpA to Helios Srl

* The deadline to meet the conditions precedent is postponed to Jan. 10, 2017, unless Alba allows to further postpone it to Jan. 31, 2017

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