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BRIEF-Boards of Techniline and Groupe Unika approve merger
December 17, 2014 / 7:51 AM / 3 years ago

BRIEF-Boards of Techniline and Groupe Unika approve merger

Dec 17 (Reuters) - Techniline SA :

* Boards of Techniline and Groupe Unika approve in principle merger by absorption of Groupe Unika by Techniline

* Assets of Groupe Unika would be transferred to Techniline

* Ratio at which shares will be converted to be announced at later date when valuation of Groupe Unika’s assets is finalised

* Techniline shares remain suspended

* After merger Unika group shareholders will be majority shareholders of new entity and listing on Alternext will be maintained Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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