DIA To Sell 100% Of DIA Brazil To Lyra II FIP Multiestrategia
May 31 (Reuters) -Distribuidora Internacional de Alimentacion SA DIDA.MC:
INFORMS ON THE SIGNATURE OF A SHARE PURCHASE AGREEMENT
TO SELL 100% OF DIA BRAZIL TO LYRA II FUNDO DE INVESTIMENTO EM PARTICIPAÇÕES MULTIESTRATEGIA
PURCHASE AND SALE IS CARRIED OUT AT A SYMBOLIC PRICE OF 100 EUROS
GROUP EXPECTS ESTIMATED NEGATIVE ACCOUNTING IMPACT OF 101 MILLION EUROS ON ITS CONSOLIDATED INCOME STATEMENT ARISING FROM TRANSACTION
COMPLETION OF TRANSACTION EXPECTED WITHIN 2 MONTHS FROM DATE OF SIGNATURE
TRANSACTION, FRAMED IN CONTEXT OF PERSISTENT NEGATIVE RESULTS AT DIA BRAZIL, WILL ENTAIL TOTAL DIVESTMENT BY DIA GROUP IN TERRITORY OF BRAZIL
Source text for Eikon: ID:nCNM2TjyxN
Further company coverage: DIDA.MC
(Gdansk Newsroom)
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