Brief: NB Aurora: FII And PM&Partners To Sell 100% Stake In La Patria

NB Aurora SA SICAF RAIF

22/07/2019 07:19

July 22 (Reuters) - NB Aurora  NBAA.MI :
    * SAID ON FRIDAY THAT FONDO ITALIANO DI INVESTIMENTO (FII)
AND
PM&PARTNERS HAD SIGNED BINDING AGREEMENT TO SELL 100% OF IN LA
PATRIA
    * LA PATRIA TO BE SOLD TO COMPANY CONTROLLED BY FUNDS
ADVISED BY
A&M CAPITAL EUROPE LLP
    * TO RECEIVE EUR 6.1 MLN FROM FII FOR SALE OF LA PATRIA VS
BOOK
VALUE OF NB AURORA STAKE OF ABOUT EUR 4.9 MLN
    * NB AURORA OWNS 44.55% OF FONDO ITALIANO DI INVESTIMENTO 
    * FAIR MARKET VALUE AT END-DEC OF REMAINING SEVEN
INVESTMENTS IS
EQUAL TO EUR 50 MLN

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIAbLKqRP;  urn:newsml:reuters.com:*:nBIA6mjNXY
    
 Further company coverage:  NBAA.MI  
   


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