(Alliance News) - OSAI Automation System Spa a company active in the design and manufacture of machines and complete lines for automation and testing on

semiconductors has announced that a preliminary contract has been signed with the owner IMMOBILIARE BESA S.r.l. for the purchase of the operational headquarters in Parella (TO).

The transaction, totaling approximately EUR5.4 million and expected to close by Oct. 31, was financed through the EUR5.0 million bond issued by the issuer on Dec. 29 as part of the "Basket Bond" program promoted by Cassa Depositi e Prestiti (CDP) and BPER Banca Spa.

OSAI closed Friday's session in the red by 4.5 percent at EUR2.57 per share.

By Maurizio Carta, Alliance News reporter

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