Brief: Alba To Buy 23.71% Stake In Profand For 100 Mln Euros

Corporacion Financiera Alba SA

13/09/2021 11:28

Sept 13 (Reuters) - Corporacion Financiera Alba SA  ALB.MC :
    * REACHES AN AGREEMENT TO ACQUIRE A STAKE IN PROFAND
    * INVESTMENT IS EXPECTED TO BE COMPLETED BEFORE THE END OF
THE
YEAR
    * UNIT ALBA EUROPE TO INVEST 100 MILLION EUROS TO ACQUIRE A
STAKE
OF ABOUT 23.71% OF SHARE CAPITAL OF PROFAND FISHING HOLDING
THROUGH PURCHASE AND SALE OF SHARES AND SUBSCRIPTION OF A
CAPITAL INCREASE


Source text for Eikon:  ID:nCNM3Y6bGG 
Further company coverage:  ALB.MC 

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