Brief: NB Aurora Completes Sale Of Its Stake In Club Del Sole To The Equity Club

NB Aurora SA SICAF RAIF

15/05/2024 15:12

May 15 (Reuters) - NB Aurora SA SICAF RAIF  NBAA.MI :
    * COMPLETES SALE OF ITS STAKE IN CLUB DEL SOLE TO THE EQUITY
CLUB
    * TOTAL VALUE OF TRANSACTION FOR SALE OF WHOLE STAKE IS
ABOUT EUR
109 MILLION, OF WHICH ABOUT EUR 70 MILLION RELATED TO FUNDS
MANAGED BY NEUBERGER BERMAN AIFM (ABOUT EUR  35 MILLION RELATED
TO AURORA)
    * REINVESTED IN GROUP EUR 61 MILLION, OF WHICH ABOUT EUR 38
MILLION RELATED TO AURORA, THROUGH SUBSCRIPTION, TOGETHER WITH
TEC, OF SIGNIFICANT CAPITAL INCREASE TO SUPPORT COMPANY’S
FURTHER GROWTH

Further company coverage:  NBAA.MI 

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