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BRIEF-Grupo Tavex sells business in Europe for 20 mln euros
February 5, 2015 / 10:00 AM / 3 years ago

BRIEF-Grupo Tavex sells business in Europe for 20 mln euros

Feb 5 (Reuters) - Grupo Tavex SA :

* Says reaches deal with Aurelius AG to sell its business in Europe for 20 million euros ($23 million)

* Operation includes operating assets in Europe and Morocco and excludes real estate assets in Spain

* Operation is expected to be completed in April

* Says Banco Santander’s valuation report initially assumed a higher price Source text for Eikon: Further company coverage: ($1 = 0.8797 euros) (Gdynia Newsroom)

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