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Europcar: finalises 70 million euro disposal
(CercleFinance.com) - On Wednesday evening, Europcar announced the completion of a transaction with Daimler Mobility Services for the sale of its 25% stake in the capital of car2go Europe GmbH.
This completion follows approval from the competent competition authorities. The finalisation of this sale will generate a pre-tax profit of 70 million euros, which will be integrated in the group's Q1 2018 accounts. Copyright (c) 2018 CercleFinance.com. All rights reserved. |
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