Magean Holding logo

MHP - Magean Holding News Story

n/a 0.0  0.0%

Last Trade -

Sector
Consumer Defensives
Size
Micro Cap
Market Cap £2.35m
Enterprise Value £5.52m
Revenue £6.52m
Position in Universe 574th / 649

BRIEF-Magean Holding Announces Sale Of 50% Of Subsidiary Shares For EUR 3.6 Million

Mon 28th December, 2020 7:28am
Dec 28 (Reuters) - Magean Holding Plc  MHB.CY :
    * ANNOUNCES SALE OF 50% OF SHARES HELD IN SUBSIDIARY
BAKEHELLAS TO
NV LA LORRAINE BAKERY GROUP FOR CASH CONSIDERATION OF EUR 3.6
MLN
    * SAYS ACCOUNTING PROFIT FROM THE TRANSACTION BASED ON THE
COST OF
INVESTMENT IS EUR 3.1 MLN
    * MAGEAN HOLDING TO CONTINUE MANAGING BAKEHELLAS

    
    
 Source text: https://bit.ly/3o72Hjn
    
 Further company coverage:  MHB.CY  
   


 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.