Don’t miss the latest developments in business and finance.

Atul provides additional information on stake sale in M Dohmen SA

Image
Capital Market
Last Updated : Apr 11 2014 | 11:46 PM IST

Says no impact of the sale on operations of the Company

Atul has announced additional information with regards to the sale of 50% stake in M Dohmen SA by the Company's wholly owned subsidiary company, Atul Europe. The information pertains to-

Cost of purchase of shares - Euro 2.267 million

Sale prices of shares- Euro 2.551 million

Reason of sale- change in long term strategy of the Company.

Further, the Company announced that sale of investment will have no significant impact on the operations of the Company or its aforesaid subsidiary.

Powered by Capital Market - Live News

Also Read

First Published: Apr 11 2014 | 2:53 PM IST

Next Story