Brief: Atenor Announces Closing Of Sale Of Romanian Subsidiary To Paval Holding

Atenor SA

28/12/2021 16:45

Dec 28 (Reuters) - ATENOR SA  ATEO.BR :
    * ANNOUNCES CLOSING OF SALE OF ROMANIAN SUBSIDIARY,
VICTORIEI 174
B.D. SRL, OWNER OF DACIA ONE PROJECT TO PAVAL HOLDING
    * SALE HAS POSITIVE NET IMPACT ON CASH OF AROUND EUR 50
MILLION,
MAKES POSITIVE CONTRIBUTION TO H2 2021
    * CLOSING TAKES PLACE AFTER DELIVERY
(CONSTRUCTION/RENOVATION) OF
PROJECT AND AFTER TENANTS HAVE ALREADY OCCUPIED BUILDING
    * CONFIRMS 2021 NET INCOME FORECASTS UP BY MORE THAN 50%
VERSUS
2020

Further company coverage:  ATEO.BR 

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