OHLA confirms it is looking for a buyer for its Czech subsidiary and that it already has several expressions of interest
OHLA Group has confirmed that it has started the process to sell its Czech subsidiary, OHLA ZS, for which it has already received several expressions of interest.
OHLA has started the process of selling its Czech subsidiary, OHLA ZS, after receiving several expressions of interest. The company, controlled by the Amodio brothers, has hired external advisors, including French banking group Société Générale and its Czech affiliate Komerční Banka, to oversee the potential sale. The move is part of OHLA's efforts to reduce its leverage and improve its financial situation.
The sale is expected to be announced if and when a firm agreement is reached. OHLA's shares fell 2.3% to €0.3514 on the Spanish stock exchange following the news.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
