Liberty Life announced its intention on Tuesday to proceed to the acquisition of 100% of the share capital of Aspis Pronoia Cyprus.
According to the announcement, Liberty, subsidiary of MFS, authorized its Chairman, Ntinos Kittis and Managing Director, Yiannos Christofis to proceed to all necessary actions. The Board of Directors also decided to valuate Aspis Pronoia Cyprus via Sharelink Securities & Financial Services.
Board meeting
The results of Sharelink’s valuation will be reviewed at the meeting, which has been scheduled for October 6. Following the possible successful acquisition, the two companies will consolidate their operations.
According to the announcement, Liberty, subsidiary of MFS, authorized its Chairman, Ntinos Kittis and Managing Director, Yiannos Christofis to proceed to all necessary actions. The Board of Directors also decided to valuate Aspis Pronoia Cyprus via Sharelink Securities & Financial Services.
Board meeting
The results of Sharelink’s valuation will be reviewed at the meeting, which has been scheduled for October 6. Following the possible successful acquisition, the two companies will consolidate their operations.