Brief: Mutares Completes Successful Exit Of Steyr Motors
Nov 20 (Reuters) - MUTARES SE & CO KGAA MUXG.DE: COMPLETES SUCCESSFUL EXIT OF STEYR MOTORS – HIGH DEMAND AMONG INSTITUTIONAL INVESTORS SELLS REMAINING 23% STAKE IN STEYR MOTORS SIGNIFICANT CASH INFLOW WITH ROIC WELL ABOVE TARGET RANGE GENERATED TOTAL GROSS PROCEEDS OF MORE THAN EUR 170 MILLION, ACHIEVING A ROIC WELL ABOVE TARGET RANGE Source text: ID:nEQ5LrCQLa Further company coverage: MUXG.DE (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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