Europcar: finalises 70 million euro disposal
(CercleFinance.com) - On Wednesday evening, Europcar announced the completion of a transaction with Daimler Mobility Services for the sale of its 25% stake in the capital of car2go Europe GmbH.
This completion follows approval from the competent competition authorities.
The finalisation of this sale will generate a pre-tax profit of 70 million euros, which will be integrated in the group's Q1 2018 accounts.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
This completion follows approval from the competent competition authorities.
The finalisation of this sale will generate a pre-tax profit of 70 million euros, which will be integrated in the group's Q1 2018 accounts.
Copyright (c) 2018 CercleFinance.com. All rights reserved.