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BRIEF-Estre Ambiental Announces Sale Of Biogas Energy Generation Business

Published 2019-06-18, 06:36 p/m
© Reuters.  BRIEF-Estre Ambiental Announces Sale Of Biogas Energy Generation Business
ESTRF
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June 18 (Reuters) - Estre Ambiental Inc ESTR.O :

* ESTRE AMBIENTAL INC - ANNOUNCES THE SALE OF ITS BIOGAS ENERGY GENERATION BUSINESS TO AIMCO - SEC FILING

* ESTRE AMBIENTAL INC - AGREEMENT WITH ALBERTA INVESTMENT MANAGEMENT CORPORATION TO SELL ALL OF ITS INTEREST IN ITS OPERATING ENERGY GENERATION BUSINESS

* ESTRE AMBIENTAL INC - ENTERPRISE VALUE FOR THE BIOGAS ENERGY GENERATION BUSINESS IS APPROXIMATELY R$105 MILION

* ESTRE AMBIENTAL INC - IF TRANSACTION NOT COMPLETED, COMPANY WILL BE REQUIRED TO REPAY R$30 MILLION CONSIDERATION THAT HAS BEEN PAID TO CO BY AIMCO

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