Brief: Audacia Sells Stake In Damantin Paris Hotel & Spa

Audacia SA

04/04/2023 17:26

April 4 (Reuters) - Audacia SA  ALAUD.PA :
    * AUDACIA SELLS ITS STAKE IN THE DAMANTIN PARIS HOTEL & SPA
5
    * THIS TRANSACTION ENABLED AUDACIA, VIA CONSTELLATION II, A
HOLDING COMPANY FOR THE REINVESTMENT OF CAPITAL GAINS ON THE
SALE OF THE COMPANY  (150 0 B-TER), TO ACHIEVE AN INVESTMENT
MULTIPLE OF 3X, GIVING AN IRR OF 33%
    * THIS IS THE FIRST DIVESTMENT TRANSACTION OF CONSTELLATION
II,
LAUNCHED IN 2018

Source text for Eikon:  ID:nEQBxXP7a 
Further company coverage:  ALAUD.PA 

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