(Alliance News) - DBA Group Spa on Wednesday announced the purchase by its subsidiary DBA PRO. Spa of the minority shares of SJS Engineering rl, amounting to 25 percent, and held by SJS Srl and SJS Bulding Srl.

The agreement provides for the purchase by DBA PRO of 25 percent of the shares in SJS Engineering Srl -- 11.5 percent held by the company by SJS Srl and 13.5 percent held by SJS Buliding Srl -- for a total value of EUR1 million, proportionally divided according to the shares held by the sellers, and fully paid today through internal resources, the company explained in a note.

DBA trades flat at EUR1.79 per share.

By Claudia Cavaliere, Alliance News reporter

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