4th Feb 2016 07:41
LONDON (Alliance News) - Electra Private Equity PLC on Thursday said it has sold its interest in fine art materials producer Daler-Rowney to the FILA Group, receiving proceeds of around GBP32 million.
Electra said the GBP32 million equates to an uplift of GBP20 million on the valuation of Daler-Rowney on September 30 last year, implying an increase in net asset value per share of almost 41 pence for Electra.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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