December 19, 2017 / 11:47 AM / a year ago

BRIEF-GPI Signs Agreement To Buy 70 Pct Of BIM Italia

Dec 19 (Reuters) - GPI SPA:

* SIGNS FRAMEWORK AGREEMENT TO BUY 70 PERCENT OF BIM ITALIA SRL

* PRICE OF BIM ITALIA SRL STAKE ACQUISITION IS EUR 6.9 MILLION IN CASH

* BIM ITALIA SRL AGREEMENT ENVISAGES EARNOUT AND GPI’S COMMITMENT TO BUYING REMAINING 30 PERCENT STAKE BY END 2021 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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