Eramet signed the contract for the sale of Aubert & Duval to Airbus, Safran and Tikehau | Photo credits: © Antonin Borgeaud / Interlinks Image / ERAMET
PARIS (Agefi-Dow Jones)–The mining and metallurgical group Eramet announced on Tuesday that it has signed today the contract for the sale of its subsidiary Aubert & Duval with the consortium formed by Tikehau ACE Capital, a subsidiary of the asset management company Tikehau Capital, and the aeronautical groups Airbus and Safran.
“The transaction should be finalized by the end of the year, subject to the lifting of conditions precedent, including obtaining regulatory authorizations,” Eramet said in a press release.
Eramet announced last February that it had signed a memorandum of understanding to sell Aubert & Duval to Airbus, Safran and Tikehau ACE Capital on the basis of an enterprise value of 95 million euros.
Dimitri Delmond, Agefi-Dow Jones; +33 (0)1 41 27 47 31; [email protected] ed: VLV
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June 21, 2022 02:43 ET (06:43 GMT)