logo
Share SHARE
FONT-SIZE Plus   Neg

Oakley Capital To Sell Emesa Group Holdings B.V. For EUR 95 Mln - Quick Facts

Oakley Capital Investments Ltd. (OCL.L), the AIM-listed company established to provide investors with access to the investment strategy being pursued by Oakley Capital Private Equity L.P. announced the disposal by the Limited Partnership of Emesa Group Holdings B.V., an online consumer auction platform in the European leisure industry, to Dasym Emesa Holding B.V. a fund managed by Cyrte Investments B.V., for an enterprise value of 95 million euros.

Consequently, the company may receive 30 million euros from the Limited Partnership as its share of proceeds from the sale, representing a 21% uplift in the net asset value previously attributed to Emesa. The net asset value per share of the company is likely to increase by some 3 pence from the last published net asset value per share of 174 pence as on June 30, 2012, as a result of this transaction.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

26 Articles
Editors Pick
Volkswagen AG's all electric Microbus might be available in market by 2022. As per the plan it would be available first in California. Microsoft Corp. has unveiled a new Minecraft limited edition version of the Xbox One S console during its Gamescom press conference in Germany. The pixelated device comes with 1TB of storage. It includes a custom designed grass block console, Xbox Wireless Controller - Minecraft Creeper, Minecraft system sounds, vertical stand and transparent underside with Redstone circuit accents. HTC Corp. has cut the price of its Vive virtual reality headset by $200, bringing down the system's cost to $599. The company noted that the new entry price will make the system more accessible to the mass market across the globe. The price cut for the Vive VR headset comes after the Oculus Rift's $200 price cut recently.
comments powered by Disqus
Follow RTT