BRIEF-Maxim Power Corp enters agreement to sell Comax France S.A.S.

Tue Sep 13, 2016 2:04pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Sept 13 (Reuters) - Maxim Power Corp:

* Maxim Power Corp enters agreement to sell Comax France S.A.S.

* Deal for EUR47 million

* Maxim Power Corp says Comax sale proceeds will be used to reduce net debt in Maxim's North American operations

* Deal includes assumption of EUR23 million of net debt resulting in sales proceeds of about EUR24 million Source text for Eikon: Further company coverage: