D'Ieteren 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 percent—for 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 Belron’s equity capital it owns."

According to a statement from D'Ieteren, this holding increase "will have a slightly positive net impact on 2009 results."

CLICK HERE for full text of release.

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