27 August 2014
Imtech sells its ICT division to VINCI
De Brauw advised Royal Imtech on selling its ICT division to VINCI for an enterprise value of EUR 255 million.
The agreement is subject to competition clearance and customary closing conditions, and is expected to close well before the end of the year. The net proceeds of the transaction will be used for increased liquidity of the Group and debt reduction.
The agreement is subject to competition clearance and customary closing conditions, and is expected to close well before the end of the year. The net proceeds of the transaction will be used for increased liquidity of the Group and debt reduction.