BRIEF-Avio SpA Says Co And Advent Enter Investment Agreement For Minority Stake Acquisition

Advantage Insurance

Advantage Insurance

AVI

0.00

July 6 (Reuters) - Avio SpA AVI.MI:

  • AVIO SPA - CO AND ADVENT ENTER INVESTMENT AGREEMENT FOR MINORITY STAKE ACQUISITION

  • AVIO SPA - ADVENT TO BUY ABOUT 7% OF AVIO SHARE CAPITAL

  • AVIO SPA - ADVENT TO PAY TOTAL SUBSCRIPTION PRICE IN CASH

  • AVIO SPA - SHARES TO BE ISSUED AT EUR 33.4 PER SHARE FOR MAX EUR 109.4 MILLION

  • AVIO SPA - AGREEMENT SUBJECT TO ITALIAN GOLDEN POWER REGIME CLEARANCE

Source text: ID:nBIA7Ns5Mq

Further company coverage: AVI.MI


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.