Brief: Estre Ambiental Announces Sale Of Biogas Energy Generation Business

Estre Ambiental

18/06/2019 23:36

June 18 (Reuters) - Estre Ambiental Inc  ESTR.O :
    * ESTRE AMBIENTAL INC - ANNOUNCES THE SALE OF ITS BIOGAS ENERGY GENERATION
BUSINESS TO AIMCO - SEC FILING
    * ESTRE AMBIENTAL INC - AGREEMENT WITH ALBERTA INVESTMENT MANAGEMENT
CORPORATION
TO SELL ALL OF ITS INTEREST IN ITS OPERATING ENERGY GENERATION BUSINESS
    * ESTRE AMBIENTAL INC - ENTERPRISE VALUE FOR THE BIOGAS ENERGY GENERATION
BUSINESS
IS APPROXIMATELY R$105 MILION
    * ESTRE AMBIENTAL INC - IF TRANSACTION NOT COMPLETED, COMPANY WILL BE
REQUIRED TO
REPAY R$30 MILLION CONSIDERATION THAT HAS BEEN PAID TO CO BY AIMCO

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