Colruyt to sell part of stake in Virya Energy and 100% of Dreambaby

Colruyt NV

26/03/2024 07:31

March 26 (Reuters) - Belgian retailer Colruyt  COLR.BR 
said on Tuesday it would sell about 30% of its stake in energy
company Virya Energy to Korys, the investment arm of the Colruyt
family. 
    The deal is based on an equity value of about 600 million
euros, Colruyt said in a statement. 
    Separately, the company said it had reached an agreement
with Belgium's Supra Bazar to sell 100% of shares in Dreambaby.
    "The parties have both agreed not to disclose any details
regarding the agreement," Colruyt added in a statement. 
    

 (Reporting by Olivier Sorgho)
 ((Olivier.Sorgho@thomsonreuters.com;))