Eurazeo: sells 179 million euros of Europcar shares.
(CercleFinance.com) - Eurazeo has announced the success, alongside ECIP Europcar Sarl, its co-investors of 16,103,088 common shares of Europcar Group.
This represents 10.00% of Europcar's capital and 10.04% of its voting rights.
The sale includes 14,084,332 Europcar shares (8.75% of Europcar's capital and 8.78% of its voting rights) sold by Eurazeo and 2,018,756 Europcar shares (1.25% of Europcar's share capital and 1.26 % of its voting rights) transferred by ECIP Europcar Sarl.
The disposal generated a net income of 179 million euros for Eurazeo SE, i.e. a multiple of 1.7x its investment on this transaction.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
This represents 10.00% of Europcar's capital and 10.04% of its voting rights.
The sale includes 14,084,332 Europcar shares (8.75% of Europcar's capital and 8.78% of its voting rights) sold by Eurazeo and 2,018,756 Europcar shares (1.25% of Europcar's share capital and 1.26 % of its voting rights) transferred by ECIP Europcar Sarl.
The disposal generated a net income of 179 million euros for Eurazeo SE, i.e. a multiple of 1.7x its investment on this transaction.
Copyright (c) 2017 CercleFinance.com. All rights reserved.