Brief: Teixeira Duarte Announces Partnership With China State Construction Engineering Corp To Develop Real Estate Project In Oeiras

Teixeira Duarte SA

23/07/2019 17:20

July 23 (Reuters) - Teixeira Duarte SA  TDSA.LS :
    * ANNOUNCES PARTNERSHIP WITH "CSCEC - CHINA CONSTRUCTION PORTUGAL, S.A." - A PORTUGUESE
COMPANY
INTEGRATED IN THE GROUP LED BY "CHINA STATE CONSTRUCTION ENGINEERING CORPORATION" TO DEVELOP
REAL ESTATE PROJECT IN OEIRAS THROUGH SALE OF 50% SHARE CAPITAL OF ITS UNIT FOR 31.1 MILLION
EUROS
    * DISPOSAL OF SHARES TO CSCEC HAS AN ESTIMATED IMPACT ON RESULTS OF TEIXEIRA DUARTE OF ABOUT
22.2
MILLION EUROS

Source text for Eikon: https://bit.ly/2OeQPht
Further company coverage:  TDSA.LS 

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