Indra acquires 30% of TRC, with an option for 100% in two years
The Corner The amount of the transaction has not been disclosed, although unofficial sources point to a company valuation of under 100 million euros. In addition to the initial 30% acquisition, Indra has agreed on an option to increase its stake up to 100% of the share capital over the next two years. Bankinter Analysis Team’s View: Limited impact. The amount of the operation has not been…
We haven't written up this one. The Corner has the full story — the link below goes straight to it.
