November 7, 2018 / 9:36 AM / 10 days ago

BRIEF-Procad Sets Price Of 61.82 Pct Stake In Des Art At 5.9 Mln Zlotys

Nov 7 (Reuters) - PROCAD SA:

* SAID ON TUESDAY TOGETHER WITH CADM SP. Z O.O., UNIT OF GROCLIN SA, HAS SET PRICE OF 61.82 PCT SHARES IN DES ART SP Z. O.O. HELD BY PROCAD AT 5.9 MLN ZLOTYS

* SAID TALKS ARE ADVANCED AND PARTIES PLAN TO FINALISE THE TRANSACTION SOON

* CO SIGNED LETTER OF INTENT WITH GROCLIN ON SALE OF 61.9 PCT STAKE IN DES ART SP. Z O.O. IN MARCH

Source text for Eikon:

Further company coverage:, (Gdynia Newsroom)

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