Edition:
United Kingdom

Dormakaba Holding Divests Its 40% Minority Stake In ISEO


Tuesday, 24 Jul 2018 

July 24 (Reuters) - Dormakaba Holding AG ::DIVESTS ITS 40% MINORITY STAKE IN ISEO.SELLS SHAREHOLDING IN ISEO TO FACCHINETTI FAMILY, WHO ALREADY OWNS REMAINING 60% IN COMPANY.CLOSING IS EXPECTED TO TAKE PLACE BY FALL 2018, SUBJECT TO APPROVAL BY THE ANTITRUST AUTHORITIES.PARTIES HAVE AGREED TO NOT DISCLOSE FINANCIAL TERMS OF THE TRANSACTION. 

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