Shanghai Electric to sell 40% stake in Ansaldo to parent company for EUR 318 million

Shanghai Electric's board approved the sale of its 40% stake in Ansaldo to a newly formed subsidiary of its parent company, Shanghai Electric Group, for EUR 318 million. The transaction is expected to generate a gain of about EUR 10.83 million.

“董事会审议及通过了相关议案，同意公司全资附属公司电气香港向电气总公司(公司的控股股东)拟新设的全资附属公司上燃香港转让安萨尔多40%股权，代价为3.18亿欧元”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com上海电气(02727)拟3.18亿欧元出售安萨尔多40%股权Apr 15, 2020

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