Brief: Novo Banco Sells Its 9.55% Stake In Pharol To Burlington For 6.5 Mln Euros
April 21 (Reuters) - Pharol SGPS SA PHRA.LS :
* SAID ON THURSDAY, NOVO BANCO HAD SOLD 9.55% STAKE (85.7
MILLION
SHARES) IT HELD IN PHAROL TO BURLINGTON LOAN MANAGEMENT DAC FOR
6.5 MILLION EUROS
* AS A RESULT, NOVO BANCO NO LONGER HOLDS STAKE IN PHAROL
Source text: https://bit.ly/40zUuXm
Further company coverage: PHRA.LS
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Pharol, SA
See all newsBrief: Pharol Delegates Powers Of Managing Director To Bernardo Amado
Brief: Pharol Says No Material Financial Impact On Co Anticipated As Result Of Oi's Bankruptcy
Brief: Pharol Amends Deal With Oi Regarding 2015 Contingencies Letter Obligations
Brief: Pharol H1 Net Loss At €0.97 Mln
Brief: Pharol Proposes Joao De Almada Moreira Rato As President Of The Board