Brief: BayWa AG Agrees To Sell 47.53% Stake In Rwa AG for 176 Mln Euros
27/12/2024 22:38
Dec 27 (Reuters) - BayWa AG BYWGnx.DE :
* EQS-ADHOC: BAYWA AG: ECONOMIC AGREEMENT ON TRANSFORMATION
CONCEPT AND CONTENT OF A LONG-TERM RESTRUCTURING AGREEMENT UNTIL
2027; EXTENSION OF THE STANDSTILL AGREEMENTS; SALE OF RWA AG
SIGNED
* BAYWA AG - TO IMPLEMENT €150 MILLION CASH CAPITAL INCREASE
* BAYWA AG - AGREES TO SELL 47.53% STAKE IN RWA AG
* BAYWA AG - SALE OF RWA AG STAKE FOR €176 MILLION
* BAYWA AG - RESTRUCTURING AND FINANCING AGREEMENTS EXPECTED
BY
APRIL 2025
Source text: ID:nEQ4zrk7Pa
Further company coverage: BYWGnx.DE
((Reuters.Briefs@thomsonreuters.com;))
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