Brief: Warimpex says Sale Of Paris Hotels Nearing Conclusion

Warimpex Finanzund Beteiligungs AG

27/08/2019 07:12

Aug 27 (Reuters) - Warimpex Finanz und Beteiligungs AG  WXFB.VI :
    * SALE OF PARIS HOTELS NEARING CONCLUSION
    * PTA-ADHOC: WARIMPEX FINANZ- UND BETEILIGUNGS AG: SALE OF PARIS HOTELS NEARING CONCLUSION
    * CLOSING MAY BE EXPECTED TO TAKE PLACE BEFORE END OF YEAR
    * AGREEMENT REGARDING FINANCIAL ASPECTS OF PLANNED SALE HAS ALREADY BEEN REACHED WITH AN
INTERNATIONAL INVESTOR
    * TWO JOINT VENTURE PARTNERS WARIMPEX AND UBM NEGOTIATED A PURCHASE PRICE IN EXCESS OF EUR
100
MILLION WITH AN INTERNATIONAL INVESTOR

Source text for Eikon:  ID:nPextxF8La 
Further company coverage:  WXFB.VI 

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