October 14, 2016 / 1:53 PM / 9 months ago

BRIEF-M&C finalizes sale to DeA Capital of its units in fund Idea EESS

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Oct 14 (Reuters) - M&C SpA :

* Finalizes contracts with Dea Capital SpA for sale of all of its shares and rights in fund Idea EESS (IDeA Efficienza Energetica e Sviluppo Sostenibile) for a total of 5.3 million euros ($5.94 million)

* Idea EESS is a closed-end investment fund reserved to qualified investors managed by IDeA Capital Funds SGR, a wholly-owned unit of DeA Capital

* The units involved in the transaction represent 15.1 percent of the total size of the fund, of which DeA Capital already owns 15.3 percent Source text for Eikon: ; Further company coverage: ($1 = 0.8928 euros) (Gdynia Newsroom)

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