14th Jan 2010 07:15
RNS Number : 5370F
EFG-Hermes Holdings SAE
14 January 2010
EFG-Hermes in Discussions to Sell its Stake in Bank Audi
EFG-Hermes Holding Company announces that it is in discussions to sell all of its stake and that of its subsidiaries in Bank Audi that totals 7,554,148 common shares and 2,483,034 GDRs (equivalent to 2,483,034 common shares) at USD 91/share (total sale value of USD 913.4 million).
An announcement will be made if and when the deal is concluded.
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
Efg-hold.gdr SBQAD.L