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    ALB — Corporacion Financiera Alba SA News Story

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    Brief: Alba Sells Its Entire 23.71% Stake In Profand For 127 Mln Euros

    Picture of Corporacion Financiera Alba SA logoCorporacion Financiera Alba SA
    28/02/2025 16:49
    Feb 28 (Reuters) - Corporacion Financiera Alba SA ALB.MC:

SELLS ITS STAKE IN PROFAND

SELLS ITS ENTIRE 23.71% STAKE TO MAJORITY SHAREHOLDER LUCASINAS FOR 127 MILLION EUROS

SINCE BECOMING A SHAREHOLDER, INVESTMENT IN PROFAND'S SHARE CAPITAL HAS GENERATED PRE-TAX CAPITAL GAINS FOR ALBA OF 23 MILLION EUROS

6 MILLION EUROS OF THE PRE-TAX CAPITAL GAINS WILL BE RECOGNISED IN CONSOLIDATED RESULTS IN 2025

Source text: ID:nCNM7KsSJW

Further company coverage: ALB.MC

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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