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REFILE-BRIEF-Azimut Holding March total net inflows at EUR 626 mln

Published 08/04/2016, 12:00 am
© Reuters.  REFILE-BRIEF-Azimut Holding March total net inflows at EUR 626 mln
AZMT
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(Refiles brief to add additional bullet points.)

April 7 (Reuters) - Azimut Holding SpA AZMT.MI :

* Total net inflows in March at 626 million euros ($711.64 million)

* Enters investment management partnership with Sigma Funds Management (Sigma) in Australia via unit AZ International Holdings SA (AZ International)

* Sigma Funds Management is an Australian equities manager

* AZ International will own 51 percent of Sigma's Capital while Sigma's executives will retain 49 percent stake

* Through AZ International, will purchase 51 percent of Sigma's corporate capital through a deferred capital increase

* Deferred capital increase to cover for Sigma's working capital up to the cumulative value of 1.4 million euros

* Closing of the transaction is expected to occur in April 2016 Source text for Eikon: ID:nBIA0721e

Further company coverage: AZMT.MI ($1 = 0.8797 euros) (Gdynia Newsroom)

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