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BRIEF-Aurelius sells SECOP to the Nidec Group, doubles its dividend
April 25, 2017 / 4:41 AM / 7 months ago

BRIEF-Aurelius sells SECOP to the Nidec Group, doubles its dividend

April 25 (Reuters) - Aurelius Equity Opportunities Se & Co Kgaa:

* Sells compressor manufacturer SECOP to the Nidec Group and doubles its dividend

* Sales price 185 million euros ($200.95 million) ; Aurelius earns approx. 11 times its invested capital after 7 years

* About 100 million euros positive effect on group profit

* Aurelius doubles its dividend proposal to 4 euros per share Source text for Eikon: Further company coverage: ($1 = 0.9206 euros) (Gdynia Newsroom)

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