BRIEF-Nextil Signs MoU With U.S. Swimwear Company

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July 4 (Reuters) - Nueva Expresion Textil SA NXTE.MC:

SIGNS MOU WITH LEADING U.S. SWIMWEAR COMPANY WITH AIM OF ESTABLISHING LONG-TERM STRATEGIC PARTNERSHIP
MOU THROUGH SUBSIDIARY NEXTIL ELASTIC FABRICS GUATEMALA
AGREEMENT AIMS TO ACHIEVE MINIMUM PRODUCTION OF 3 TO 4 MILLION YARDS PER YEAR FOR NEXTIL
MOU IS NOT BINDING

Source text: nCNM8ZlRVP

Further company coverage: NXTE.MC

(Gdansk Newsroom)

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