Brief: Groupe NSE Reaches 100% Stake In Unit NSE Automatech

NSE SA

11/01/2021 07:03

Jan 11 (Reuters) - NSE SA  ALNSE.PA :
    * DESJARDINS CAPITAL TAKES 28.84% STAKE IN THE CAPITAL OF NSE AUTOMATECH IN
2013
    * BUYBACK OF DESJARDINS CAPITAL STAKEHOLDER IN NSE AUTOMATECH
    * NSE AUTOMATECH NOW HAS 71% OF ITS CAPITAL HELD BY NSE AERO NORTH AMERICA
(NSE
AERO NORTH AMERICA), A SUBSIDIARY OF NSE AS A NORTH AMERICAN HOLDING, AND THE
BALANCE OF 29% BY NSE
    * GROUPE NSE THUS CONSOLIDATES 100% CONTROL OF ITS MAIN SUBSIDIARY IN NORTH
AMERICA
    * DESJARDINS CAPITAL AND NSE HAVE APPROVED BUYOUT BY NSE OF THIS STAKE AS OF
JANUARY 5, 2021

Source text for Eikon:  ID:nACT66898 
Further company coverage:  ALNSE.PA 

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