Brief: Telesia Buys Stake In Class CNBC And CFN/CNBC Holding Via Capital Increase

Telesia SpA

17/12/2019 07:39

Dec 17 (Reuters) - Telesia SpA  TLSA.MI :
    * SAID ON MONDAY IT FINALISED ACQUISITION OF ABOUT 25.78% OF
CLASS CNBC AND ABOUT 29% OF CFN/CNBC HOLDING B.V FROM CLASS
EDITORI 
    * ALSO FINALISED ACQUISITION OF ABOUT 10.90% FROM R.T.I.
    * ACQUISITION OF STAKES IN CLASS CNBC AND CFN/CNBC TO BE
EXECUTED
VIA CAPITAL INCREASE AGAINST CONTRIBUTION IN KIND 
    * BOARD RESOLVED CAPITAL INCREASE VIA ISSUE OF 874,785 NEW
SHARES 
    * SUBSCRIPTION PRICE OF NEW SHARES IS EUR 7.46/SHR
    * FOLLOWING TRANSACTION, TELESIA WILL HOLD, DIRECTLY AND/OR
INDIRECTLY, 55% OF CAPITAL OF CLASS CNBC
    * CLASS CNBC TO BE CONSOLIDATED STARTING WITH FINANCIAL
REPORT AS
OF JUNE 30, 2020

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA7cljBD
    
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