11th Feb 2022 07:00
GRUPO CLARIN S.A.
Subsidiary Inversora de Eventos S.A. sells Auto Sports S.A.
On 10 February 2022, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that on 9 February 2022 its subsidiary Inversora de Eventos S.A. ("IESA", the "Seller") had received and accepted a binding offer from Tango Sports Team SRL the "Buyer") whereby the buyer acquired from IESA all its shares participation of Auto Sports S.A., representing 95.76% of the capital stock and votes of Auto Sports S.A. (the "Shares").
According to terms and conditions of the offer, the closing date for the payment of shares was arranged on 31 March 2022, and the purchase price that IESA will receive in accordance with the transaction amounts USD 957,598.69 (United States Dollars nine hundred fifty seven thousand five hundred ninety eight with 69/100).
Enquiries:
In Buenos Aires:
Samantha Olivieri / Valentina López
Grupo Clarín
Tel: +5411 4309 7215
Email: [email protected]
In London:
Alex Money
Jasford IR
Tel: +44 20 3289 5300
Email: [email protected]
In New York:
Camilla Ferreira / Marcella Ewerton
Fig Corporate Communications
Tel: +1 917 691 4047
Email: [email protected]
Related Shares:
GCLA.L