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Koninklijke Ten Cate N.V.

Koninklijke Ten Cate N.V.

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Publicatie datum 29 jun 2009 - 08:13
Statutaire naam Koninklijke Ten Cate N.V.
Titel TenCate sells non-strategic associated company in Australia
Bericht Royal Ten Cate (TenCate) and Noel P Hunt International Limited have reached agreement on the takeover of the TenCate 50% interest in the joint venture Geofabrics Australasia Pty Ltd of Cheltenham (Australia). The takeover price of the shares amounts to AUD 40 million (approximately € 23 million). The book profit on the sale of the 50% interest amounts to approximately € 11 million and will be incorporated in the half-year figures of TenCate.