June 7 (Reuters) - MANITOU BF SA MANP.PA :
* THE MANITOU GROUP ANNOUNCES ITS ACQUISITION OF A MAJORITY STAKE IN THE AUSTRALIAN COMPANY LIFTRITE HIRE & SALES
* TRANSACTION EXPECTED TO BE FINALIZED BEFORE THE 1ST OF AUGUST
* TRANSACTION GRANTS MANITOU GROUP OPPORTUNITY OF ACQUIRING 55% OF LIFTRITE HIRE & SALES SHARES WITH A PURCHASING OPTION, TO INCREASE ITS STAKES UP TO 96% IN 3 YEARS FROM NOW Source text: Further company coverage: MANP.PA
(Gdynia Newsroom)