Eaglemoss Holdings (UK) Limited, an international partworks company, part of the Financière Aurénis group, has reached a preliminary agreement to buy from RCS MediaGroup its participation in GE Fabbri Limited.
Eaglemoss Holdings (UK) Limited will acquire the entire participation of RCS, equal to 51.1% of the GE Fabbri capital, as well as GE Publishing Limited, which owns 48,9% of GE Fabbri.
GE Fabbri, based in London, operates in the partworks business in a wide number of countries and languages and focuses particularly on the Russian and Eastern European markets.
The contract is subject to regulatory approval and to the approval of financial backers of the purchasing group.