August 30, 2019 / 5:08 AM / 3 months ago

BRIEF-Emmi Signs Agreement To Merge Surlat And Quillayes

Aug 30 (Reuters) - EMMI AG:

* STRENGTHENS ITS LATIN AMERICAN BUSINESS: SURLAT AND QUILLAYES TO MERGE

* EMMI, WHICH HOLDS 73.5 % OF SHARES IN KAIKU, WILL HAVE A 37.8 % STAKE IN QUILLAYES SURLAT

* AGREEMENTS HAVE NOW BEEN SIGNED AS OF 29 AUGUST 2019 TO MERGE SURLAT AND QUILLAYES TO FORM NEW COMPANY QUILLAYES SURLAT.

* KAIKU WILL HOLD A MAJORITY STAKE OF 51.5 % IN QUILLAYES SURLAT Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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