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SeSa SpA (SES.MI)

SES.MI on Milan Stock Exchange

24.50EUR
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Tech-Value founders confer 78 pct stake in Newco, to sell 51 pct of Newco to Sesa
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - SESA SPA ::‍SIGNS BINDING AGREEMENT FOR PURCHASE OF 51% OF NEWCO IN WHICH 78% OF TECH-VALUE WILL BE CONFERRED​.‍UNIT VAR GROUP WILL PURCHASE 51% OF NEWCO WHERE TECH-VALUE FUNDERS WILL CONFER 78% OF TECH-VALUE CAPITAL FOR UP TO EUR 6.5 MILLION​.‍NEWCO WILL PROMOTE TAKEOVER BID FOR REMAINING ABOUT 20% OF TECH-VALUE SHARES FOR EUR 4.15 PER SHARE.  Full Article

SeSa FY net profit up 9.9 pct to EUR 24 mln, proposes dividend of EUR 0.48/shr
Thursday, 14 Jul 2016 

SeSa SpA : Proposes dividend of 0.48 euro per share (0.45 euro per share in 2015) . FY revenue (fiscal year ended April 30, 2016) 1.23 billion euros ($1.37 billion) versus 1.06 billion euros a year ago .FY net profit 24.0 million euros, up 9.9 percent year on year.  Full Article

BRIEF-Tech-Value founders confer 78 pct stake in Newco, to sell 51 pct of Newco to Sesa

* ‍SIGNS BINDING AGREEMENT FOR PURCHASE OF 51% OF NEWCO IN WHICH 78% OF TECH-VALUE WILL BE CONFERRED​