Brief: Qwamplify Sells Entire 25.6% Stake In Bilendi For 10.3 Million Euros

Bilendi SA

11/02/2020 07:44

Feb 11 (Reuters) - QWAMPLIFY SA  ALQWA.PA :
    * SALE OF THE ENTIRE 25.6% STAKE IN BILENDI  FOR AN AMOUNT
OF 10.3
M€. CAPITAL GAIN OF €6.4M
    * PURCHASE OF THESE SECURITIES WAS FINANCED BY AMORTIZABLE
LOAN OF
WHICH AMOUNT OUTSTANDING AT SEPTEMBER 30, 2019 WAS EUR 2.8
MILLION
    * GROUP NO LONGER HOLDS ANY BILENDI SHARES

Source text: https://bit.ly/2tLbVus
Further company coverage:  ALQWA.PA 

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