Brief: Ecomembrane To Sell 18.95% Stakes In Alvus, Favus To VORN Bioenergy

Vornado Realty Trust

10/08/2023 06:32

Aug 10 (Reuters) - Ecomembrane SpA  ECMB.MI :
    * SAID ON WEDNESDAY IT SIGNED PRELIMINARY AGREEMENT TO SELL
TO
VORN BIOENERGY ITS 18.95% STAKE IN ALVUS, 18.95% STAKE IN FAVUS
    * CLOSING EXPECTED BY END OF 2023
    * OPERATION ARISES CAPITAL GAINS OR EUR 562,000


        
 Further company coverage:  ECMB.MI  

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