Dinamia's Tryo to sell Teltronic to UK's Sepura
It could get €24m for the sale
Spain's first listed private equity firm Dinamia announced it had reached an agreement to sell 100% of its subsidiary Teltronic to the UK's Sepura.
Dinamia Capital Privado
n/a
n/a
n/a
n/a
FTSE All-Share
4,465.61
16:54 01/11/24
n/a
n/a
FTSE Small Cap
6,842.29
16:34 01/11/24
n/a
n/a
Sepura
19.75p
17:00 23/05/17
0.00%
0.00p
Technology Hardware & Equipment
1,920.18
16:30 25/09/24
0.00%
0.00
Dinamia will carry out the transaction through its 24.75% owned Tryo Communication Technologies, and is expected to obtain up to €24m from the sale.
Completion is subject to regulatory approval, which could come in the following weeks, the company said.
You may also enjoy reading:
Matchtech's CEO buys shares showing confidence