Brief: Gimv Sells OTN Systems To US-Based Belden Inc.

Gimv NV

19/01/2021 13:34

Jan 19 (Reuters) - GIMV INVESTERINGSMAATSCHAPPIJ VOOR
VLANDEREN NV  GIMV.BR :
    * GIMV, CO-SHAREHOLDERS MANUARDEO AND MANAGEMENT, TODAY
ANNOUNCE
THAT THEY ARE SELLING OTN SYSTEMS TO US-BASED BELDEN INC.
    * THIS TRANSACTION HAS A POSITIVE IMPACT OF ABOUT 15 MILLION
EURO
ON GIMV'S NET ASSET VALUE AS PER 30 SEPTEMBER 2020
    * RETURN OVER ENTIRE INVESTMENT PERIOD EXCEEDS GIMV'S
LONG-TERM
AVERAGE

Source text: https://bit.ly/3bUu3ps
Further company coverage:  GIMV.BR 

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