Brief: Atrys Health Agrees To Sell Remaining 75.01% Stake In Conversia For 35 Mln Euros

Atrys Health SA

20/11/2023 07:39

Nov 20 (Reuters) - Atrys Health SA  ATRY.MC :
    * ANNOUNCES THE AGREEMENT TO SELL THE REMAINING STAKE OF 75.01% IN CONVERSIA FOR 35 MILLION
EUROS
    * ITS WHOLLY OWNED UNIT ASPY PREVENCIÓN, RECEIVED A BINDING OFFER FOR SALE OF 75.01% OF
SHARES OF
PROFESSIONAL GROUP CONVERSIA, TO COMPANY ARRAIGO MIDCO, A COMPANY CONTROLLED BY ARRAIGO NW
SEGUNDO
    * CURRENT OFFER FOR 75.01% OF CONVERSIA'S SHARES, TOGETHER WITH SALE OF 24.99% STAKE
EXECUTED ON
22 DECEMBER 2022, WILL ALLOW ATRYS TO OBTAIN A TOTAL AMOUNT OF 55 MILLION EUROS FOR SALE OF 100%
OF CONVERSIA
    * PROCEEDS FROM THE SALE OF 75.01% OF CONVERSIA WILL BE USED TO REDUCE THE ATRYS GROUP'S
FINANCIAL
DEBT
    * COMPLETION IS EXPECTED TO BE COMPLETED BEFORE THE END OF THE 2023 FINANCIAL YEAR

Source text for Eikon:  ID:nCNM7YV9Cr   urn:newsml:reuters.com:*:nL8N33D0LY
Further company coverage:  ATRY.MC 

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