EXOR SpA Announces Sale Of Its Share In SGS To Groupe Bruxelles Lambert SA

Monday, 3 Jun 2013 01:37am EDT 

EXOR SpA announced that has entered into a definitive agreement providing for the sale of 1,173,400 shares of SGS to Serena S.r.l., a wholly-owned subsidiary of Groupe Bruxelles Lambert (GBL) for a consideration of CHF 2,128 per share. The shares, representing 15% of the share capital of SGS, constitute the entire stake of EXOR in SGS. The sale and purchase agreement is expected to be settled by June 10, 2013. 

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