BRIEF-Italtile says to buy up to 14.9 mln Ceramic sahres

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BRIEF-Italtile says to buy up to 14.9 mln Ceramic sahres
Credit: © Reuters.

July 20 (Reuters) - Italtile Ltd ITEJ.J

* Entered into agreement with ceramic on 16 july in respect of acquisition of entire issued share capital of ceramic

* Maximum aggregate consideration payable to "scheme participants" of r3.61 billion

* Agreement provided that maximum number of ceramic shares to be acquired by italtile ceramics shall not exceed 14.9 million Source text for Eikon: ID:nJseT0003a Further company coverage: ITEJ.J

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