BRIEF-MIFA announces sale of company as part of an asset deal

Fri Dec 12, 2014 2:39am EST

* Insolvency administrator reached agreement with Nathusius Industrialist Family, sole shareholder of IFA Rotorion-Holding GmbH, to sell all of MIFA's assets as part of an asset deal

* Transfer of operations is planned for Dec. 1, retrospectively, whereby MIFA's existing employment contracts will transfer to purchaser

* Asset deal has no direct effects on stock market listing of MIFA in Prime Standard of Frankfurt Stock Exchange Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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