Electra Private Equity Sells Its Minority Stake In Rio Trens

Electra Private Equity PLC sold its minority stake in Rio Trens Corp., which owns interest in a transportation company in Brazil. Electra Private said the deal represents an uplift of 69 pence per share from Electra's net asset value on March 31 of 1,900 pence per share, based on exchange rates at the time of transaction. This valuation also reflects an additional investment made in June.

16 November 2010•2 mins read
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