Europcar: Eurazeo studies options for its stake
(CercleFinance.com) - Eurazeo confirms conducting a strategic review of its options regarding its 29.
9% stake in Europcar Mobility Group.
At the end of this review, it could consider the sale of all or part of this stake.
Eurazeo said that an potential sale would be part of Eurazeo's dynamic management of its shareholding portfolio, after spending over 13 years supporting Europcar Mobility Group in its development strategy.
A potential transaction could lead to a revaluation of the share and enable one or more new investors to enter into the group's capital, confident, as Eurazeo is, in the potential of Europcar Mobility Group, it added.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
9% stake in Europcar Mobility Group.
At the end of this review, it could consider the sale of all or part of this stake.
Eurazeo said that an potential sale would be part of Eurazeo's dynamic management of its shareholding portfolio, after spending over 13 years supporting Europcar Mobility Group in its development strategy.
A potential transaction could lead to a revaluation of the share and enable one or more new investors to enter into the group's capital, confident, as Eurazeo is, in the potential of Europcar Mobility Group, it added.
Copyright (c) 2019 CercleFinance.com. All rights reserved.