Brief: Sonae's Subsidiary Universo Completes Sale Of Its 50% Shareholding In MDS

Sonae SGPS SA

02/12/2022 16:54

Dec 2 (Reuters) - Sonae - SGPS SA  YSO.LS :
    * ITS SUBSIDIARY UNIVERSO, GC, SA HAS COMPLETED THE SALE OF
ITS
50% SHAREHOLDING IN MDS SGPS TO ARDONAGH GLOBAL PARTNERS -
PROJECT MACAU
    * TRANSACTION NOW COMPLETED RESULTS IN PROCEEDS OF 104
MILLION
EUROS AND A CAPITAL GAIN OF 79 MILLION EUROS FOR SONAE
    * THIS TRANSACTION WILL NOT IMPACT SOANE'S CONSOLIDATED
TURNOVER
NOR UNDERLYING EBITDA, AS MDS WAS ALREADY CONSOLIDATED THROUGH
EQUITY METHOD IN GROUP'S ACCOUNTS

Source text: https://bit.ly/3OY12KZ
Further company coverage:  YSO.LS 
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