Koninklijke Wessanen N.V.
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Publicatie datum
20 dec 2010 - 08:08
Statutaire naam
Koninklijke Wessanen N.V.
Titel
Wessanen sells PANOS Brands
Bericht
Royal Wessanen nv announces that it has sold its US subsidiary PANOS Brands to an affiliate of private equity company High Road Capital Partners Fund I, L.P. The purchase price on a cash- and debt-free basis amounts to USD 22 million resulting in a book profit in the fourth quarter of about USD 9 million. This book profit will be reported under 'Discontinued operations, net of tax'. Wessanen also will report a net cumulative exchange loss deferred in equity of approximately €1.5 million in the fourth quarter.
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Datum laatste update: 01 september 2024