Brief: Catalana Occidente Reaches Agreement To Acquire Grupo Memora For 387.5 Mln Euros

Grupo Catalana Occidente SA

01/08/2022 06:16

Aug 1 (Reuters) - Grupo Catalana Occidente SA  GCO.MC :
    * SAID ON FRIDAY IT REACHED AGREEMENT WITH ONTARIO TEACHER'S
PENSION PLAN BOARD AND MEMORAS' MANAGEMENT TEAM FOR ACQUISITION
OF FUNERAL GROUP GRUPO MEMORA 
    * ACQUISITION FOR 387.5 MILLION EUROS, BEING FINAL PRICE
SUBJECT
TO CERTAIN FINANCIAL ADJUSTMENTS
    * ESTIMATED ENTERPRISE VALUE IS ABOUT 600 MILLION EUROS

       
 Source text for Eikon:  GCO.MC 
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