Brief: TTL Beteiligungs- und Grundbesitz-AG And KKR Sell GEG Group To DIC Asset

TTL Beteiligungs und Grundbesitz AG

05/06/2019 07:34

June 5 (Reuters) - TTL Beteiligungs und Grundbesitz AG
 TTOG.DE :
    * DGAP-ADHOC: TTL BETEILIGUNGS- UND GRUNDBESITZ-AG: TTL
GROUP AND
CO-SHAREHOLDER KKR SELL GEG GROUP TO DIC ASSET AG GROUP
    * PURCHASE PRICE FOR GEG AMOUNTS TO EUR 225 MILLION.
    * TTL BETEILIGUNGS UND GRUNDBESITZ - FOR TTL REAL ESTATE
GMBH,
WHICH HOLDS A 75 PERCENT STAKE IN GEG, THIS RESULTS IN A PLANNED
NET CASH INFLOW OF APPROXIMATELY EUR 156 MILLION
    * APPROXIMATELY EUR 78 MILLION OF CASH INFLOW ARE
ATTRIBUTABLE TO
TTL AG AS HOLDING COMPANY

Source text for Eikon:  ID:nEQ7cbtbQa 
Further company coverage:  TTOG.DE 

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