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BRIEF-Belgium's GIMV sells 30 pct stake in Punch Powertrain
December 12, 2013 / 4:56 PM / in 4 years

BRIEF-Belgium's GIMV sells 30 pct stake in Punch Powertrain

BRUSSELS, Dec 12 (Reuters) - Gimv NV : * Partially exits punch powertrain, but remains largest shareholder in the company * Partial exit has a impact of EUR 2.9 million (0.12 EUR per share) on GIMV’s last published equity value * Enters definitive agreement to sell 30 pct stake in Belgian Punch Powertrain to PE fund New Horizon Capital

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