Reuters logo
BRIEF-Alba buys stake of over 40 pct in Gascan for 15 mln euros
February 3, 2017 / 6:45 AM / 10 months ago

BRIEF-Alba buys stake of over 40 pct in Gascan for 15 mln euros

Feb 3(Reuters) - Corporacion Financeira Alba SA :

* Said on Thursday that it has reached an agreement to buy an indirect stake of 40 to 45 pct in Portugal’s propane gas provider Gascan SA for 15 million euros ($16 million)

* Acquisition is part of a deal between capital development vehicles managed by Arta Capital SGEIC SA, in one of which Alba owns a stake of 100 pct, to buy a majority stake in Gascan SA Source text for Eikon:

Further company coverage:

$1 = 0.9301 euros Gdynia Newsroom

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below