Brief: Alantra Partners Closes Sale Of Its Private Banking Business For 16.6 Mln Euros

Alantra Partners

03/05/2022 17:09

May 3 (Reuters) - Alantra Partners SA  ALNTA.MC :
    * COMPLETES DIVESTMENT IN PRIVATE BANKING BUSINESS IN FAVOUR
OF
GRUPO MUTUA
    * TRANSFERRED ITS ENTIRE SHAREHOLDING IN ALANTRA WEALTH
MANAGEMENT
AGENCIA DE VALORES SA AND ALANTRA WEALTH MANAGEMENT GESTION
REPRESENTING ABOUT 24.41% OF THE SHARE CAPITAL OF EACH OF THESE
COMPANIES
    * PRICE OF THE TRANSACTION WAS 16.6 MILLION EUROS RESULTING
IN A
CAPITAL GAIN OF ABOUT 6.5 MILLION EUROS

Source text for Eikon:  ID:nCNMbtcMnk 
Further company coverage:  ALNTA.MC 

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