Brief: Sonae: Unit Buys Corpfin Capital's 60 Pct Stake In Tomenider

Corpfin Capital Prime Retail II Socimi SA

01/10/2018 07:33

Oct 1 (Reuters) - Sonae SGPS SA  YSO.LS :
    * SAID ON FRIDAY ITS UNIT MODELO CONTINENTE HIPERMERCADOS
S.A.
AGREED WITH CORPFIN CAPITAL TO BUY ITS 60 PERCENT STAKE IN
TOMENIDER SL, OWNER OF ARENAL PERFUMERIAS, FOR AROUND 45 MILLION
EUROS
    * VAZQUEZ FAMILY WILL CONTINUE MANAGING THE BUSINESS,
MAINTAINING
40 PERCENT STAKE IN TOMENIDER
    * TRANSACTION IS EXPECTED TO BE CONCLUDED DURING Q1 2019

    
 Source text: [https://bit.ly/2Rduw9t]
    
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