Nextil Signs MoU To Buy 51% Of Isavela
ReutersDec 17, 2025 5:14 PM
Dec 17 - Nueva Expresion Textil SA NXTE.MC:
SIGNS MEMORANDUM OF UNDERSTANDING (MOU) WITH SHAREHOLDERS OF ISAVELA ENTERPRISES FOR ACQUISITION OF 51% MAJORITY STAKE IN THE COMPANY
TRANSACTION PRICE WAS AGREED BETWEEN PARTIES
PAYMENT SCHEME COMBINES INITIAL CASH AMOUNT PAYABLE AT CLOSE OF TRANSACTION AND DEFERRED PAYMENT
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