Izostal Spólka Akcyjna completed the acquisition of Kolb Sp. Z O.o from Stalprofil S.A. for PLN 14.5 million.
Izostal Spólka Akcyjna (WSE:IZS) completed the acquisition of Kolb Sp. Z O.o from Stalprofil S.A. (WSE:STF) for PLN 14.5 million on January 2, 2018. As on January 2, 2018, Izostal concluded an agreement for the purchase from Stalprofil S.A. of 1,549 shares in the share capital of Kolb Sp., for PLN 9,331 per share. The transfer of title to the shares onto Izostal S.A. was effected on the date of signing the contract. The parties have agreed that the payment of the contractual price shall be made by January 31, 2018.