Brief: Alba Will Acquire About 14% Indirect Stake In ERM For US$295 Mln

Corporacion Financiera Alba SA

30/07/2021 17:00

July 30 (Reuters) - Corporacion Financiera Alba SA  ALB.MC :
    * REACHES AN AGREEMENT TO ACQUIRE AN INDIRECT STAKE IN ERM
    * REACHED AN AGREEMENT TO BUY A DIRECT STAKE OF ABOUT 14% IN
NATURE TOPCO A UK COMPANY MAJORITY OWNED BY KKR, FOR 295 MILLION
U.S. DOLLARS
    * ACQUISITION OF ERM IS SUBJECT TO ANTI-TRUST APPROVALS,
EXPECTED
TO BE OBTAINED IN THE COMING MONTHS
    * STAKE THAT ALBA WILL HOLD IN NATURE TOPCO WILL REPRESENT
AN
INDIRECT STAKE OF ABOUT 14% IN ERM UPON CLOSING OF ACQUISITION
OF ERM BY NATURE TOPCO

Source text for Eikon:  ID:nCNM5MNrDt 
Further company coverage:  ALB.MC 

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