July 1, 2019 / 5:16 AM / 18 days ago

BRIEF-Claranova Bids For Personal Creations Assets

July 1 (Reuters) - CLARANOVA SA:

* ANNOUNCED ON FRIDAY FILING OF TAKEOVER BID FOR PERSONAL CREATIONS’S ASSETS, GIFT CUSTOMISATION BUSINESS OF FTD COMPANIES, INC

* OFFER FOR $18.1 MLN

* OFFER MADE WITHIN CHAPTER 11 SAFEGUARD PROCEDURE OPENED BY FTD COMPANIES

* TRANSACTION EXPECTED TO BE MADE THROUGH ASSET ACQUISITION IN CASH

Source text: bit.ly/2J1UnPL Further company coverage: (Gdynia Newsroom)

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