Brief: Ekspress Grupp Sells 25.48% Stake in Altero For EUR 4.2 Million

Ekspress Grupp AS

04/08/2025 07:35

Aug 4 (Reuters) - Ekspress Grupp AS EEG1T.TL:

AS EKSPRESS GRUPP SELLS A SHAREHOLDING IN A LATVIAN COMPANY

TO SELL ITS 25.48% SHAREHOLDING IN SIA ALTERO FOR EUR 4.2 MILLION

WILL REALIZE A ONE-OFF NET PROFIT OF EUR 2 MILLION FROM THE TRANSACTION

WILL ALSO REPAY A EUR 1.8 MILLION LOAN RELATED TO THE INITIAL ACQUISITION OF ALTERO

Source text: ID:nGNE2CcrwR

Further company coverage: EEG1T.TL

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 587785269;))