on BayWa AG (isin : DE0005194062)
BayWa AG Announces Sale of Cefetra to First Dutch
BayWa AG has disclosed its agreement to sell Cefetra Group B.V. to PGFO B.V., controlled by Dutch entrepreneur Peter Goedvolk. The sale is set to complete in the third quarter of 2025, pending certain approvals and financing arrangements. The transaction involves a purchase price of approximately €125 million, with €100 million payable at closing and €25 million by the end of 2025.
Additional cash inflows of about €61 million are anticipated from the repayment of shareholder loans. This totals the cash inflow to roughly €186 million. The deal will also reduce BayWa Group's bank liabilities by about €500 million due to the deconsolidation of Cefetra. The transaction aligns with BayWa AG's reorganisation strategy.
R. E.
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