Edition:
United Kingdom

Acciona sells its holdings in Compania Trasmediterranea‍​


Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - ACCIONA SA ::REACHES AGREEMENT WITH GRUPO NAVIERA ARMAS FOR SALE OF ITS HOLDINGS IN TRASMEDITERRANEA‍​.DEAL HAS AN ENTREPRISE VALUE FOR 100 PERCENT OF TRASMEDITERRANEA IN RANGE OF 419 MILLION EUROS TO 436 MILLION EUROS‍​.SELLS STAKE WORTH 260.4 MILLION EUROS, OF WHICH 30.4 MILLION EUROS IS DEFERRED.PURCHASER TO REPAY 127.3 MILLION EUROS OF TRASMEDITERRANEA DEBT BELONGING TO ACCIONA. 

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