March 19, 2019 / 7:24 AM / 3 months ago

BRIEF-Nebag To Invest In Non-Operating Assets Of Biella Holding

March 19(Reuters) - NEBAG AG

* SAYS IT PLANS TO INVEST IN NON-OPERATING ASSETS OF BIELLA HOLDING AG

* WILL FOUND COMPANY (POLUN HOLDING AG), WHICH WILL ACQUIRE THE NON-OPERATING SUBSIDIARIES OF BIELLA IN POLAND AND HUNGARY

* SAYS AGREED PURCHASE PRICE WAS JUDGED ADEQUATE

* CO'S PLANNED INVESTMENT IN POLUN HOLDING AG AMOUNTS TO AROUND CHF 2.4 MILLION

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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