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;))
Recent news on Mutares SE & Co KgaA
See all newsBrief: BaFin - Identifies Errors In The Annual Accounts Of Mutares Se Co Kgaa
Synthomer slips as company plans to divest Czech Acrylate Monomers unit to Mutares
Brief: Mutares To Acquire Synthomer A.S. From Synthomer Plc
Media: Mutares is said to mull sale or IPO of Portuguese firm Efacec- Bloomberg News
Brief: Mutares To Sell NEM Energy Group To Hyundai Heavy Industries Power Systems