Brief: Autohellas Says Finalizes Acquisition Of 90% Stake Of Aluguer De Automoveis For EUR 31.5 Million

Autohellas Tourist and Trading SA

04/10/2022 14:15

Oct 4 (Reuters) - Autohellas SA  AUTr.AT :
    * ON OCT. 1 WAS FINALIZED THE AGREEMENT FOR ACQUISITION OF
85.60%
(TOTALING 90%, INCLUDING 4.4% TREASURY SHARES) OF EQUITY OF
ALUGUER DE AUTOMOVEIS
    * TOTAL CONSIDERATION FOR ACQUISITION OF 90% STAKE IN HR
ALUGUER
DE AUTOMOVEIS REACHED EUR 31.5 MILLION
    * TOTAL CONSIDERATION COULD INCREASE BY ANOTHER EUR 7.5
MILLION
UNDER CERTAIN PROFITABILITY TARGETS FOR THE PERIOD 2022-2024
BEING MET

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