April 26, 2018 / 11:07 AM / 3 months ago

BRIEF-Cyient Says Unit To Buy Ansem NV For Enterprise Value Of About $17 Mln

April 26 (Reuters) - Cyient Ltd:

* UNIT CYIENT EUROPE UK SIGNED A DEFINITIVE AGREEMENT TO BUY 100 PERCENT EQUITY IN ANSEM NV, BELGIUM, IN AN ALL CASH TRANSACTION

* SAYS TRANSACTION WILL FURTHER ALLOW CYIENT TO OFFER TURNKEY ICS, STARTING FROM CONCEPT CIRCUIT TO FINAL PRODUCTION

* SAYS ACQUISITION IS NOT SUBJECT TO ANY GOVERNMENTAL OR REGULATORY APPROVALS

* SAYS DEAL FOR ENTERPRISE VALUE OF ABOUT $17 MILLION Source text: bit.ly/2HSxZbK Further company coverage:

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