Brief: GBL To Buy 45% Stake In Rayner
Feb 9 (Reuters) - Groep Brussel Lambert NV GBLB.BR: GBL INVESTS IN RAYNER AS PART OF THE GROUP’S MID-TERM STRATEGY EXECUTION DEFINITIVE AGREEMENTS TO ACQUIRE A 45% CO-CONTROL STAKE IN RAYNER GBL WILL INVEST €0.5BN OF EQUITY ALONGSIDE INCUMBENT SHAREHOLDERS CVC AND THE RAYNER MANAGEMENT TEAM WILL HAVE CO-CONTROL RIGHTS ALONGSIDE CVC TRANSACTION EXPECTED TO COMPLETE IN Q2 Source text: here Further company coverage: GBLB.BR (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Groep Brussel Lambert NV
See all newsRecordati posts nearly 8% rise in core profit, skips interim dividend ahead of delisting
Italy - Factors to watch on November 10
CVC, GBL secure over 90% of Recordati, clear path to delisting
Brief: CVC, GBL secure over 90% of Recordati, paving way for delisting, Reuters calculations show
Brief: GBL Posts NAV Per Share Of €99.21 As Of End September