Increases Its Interest in Belron from 77 to 94 Percent
September 4, 2009
D'Ieteren announced yesterday it has increased its interest in
Belron from 77.38 to 93.73 percentfor a price of approximately
275 million Euros. D'Ieteren purchased the extra shares of the company
from Cobepa, which recently "exercised its put options on the
16.35 percent of Belrons equity capital it owns."
According to a statement from D'Ieteren, this holding increase "will
have a slightly positive net impact on 2009 results."
HERE for full text of release.
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