Brief: Northwood Investors buys 59.78 pct stake in Cegereal

Vitura SA

25/09/2015 18:01

Sept 25 (Reuters) - Cegereal SA  CGR.PA : 
    * Northwood Investors to acquire Commerz Real's controlling 
interest in Cegereal 
    * Northwood investors today signed an agreement to acquire a 
59.78 pct stake held by Commerz Real (acting for account of 
Hausinvest fund) in Cegereal 
    * Northwood's acquisition price is 35.62 euros ($39.84) per 
share and will be subject to standard adjustments as at date of 
completion 
    * Acquisition is expected to complete in November 2015 
    * Northwood intends to retain Cegereal's listed status 
including SIIC regime and will dedicate substantial resources to 
support Cegereal's growth 
 
     
Source text for Eikon:  ID:nHUG1fgDQy  
Further company coverage:  CGR.PA  
 
($1 = 0.8941 euros) 
 
 (Gdynia Newsroom) 
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