March 18, 2019 / 11:20 AM / a month ago

BRIEF-North Coast In Talks To Buy Remaining Stake In Latteria - Tinis

March 18 (Reuters) - North Coast SA:

* SAID ON FRIDAY IT HAS STARTED TALKS WITH ALIVAL ON BUYING REMAINING STAKE IN ITS UNIT LATTERIA - TINIS

* COMPANY NOW OWNS 50% STAKE IN LATTERIA - TINIS, THE REST IS OWNED BY ALIVAL

* LATTERIA – TINIS IS A KEY ELEMENT IN COMPANY’S BUSINESS MODEL AND MERGING IT WOULD IMPROVE ITS CONSOLIDATED RESULTS

* NEGOTIATIONS SHOULD TERMINATE BY END-APRIL

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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