DOMUSVENDA S.A. entered in an agreement to acquire Orey Financial - Instituição Financeira de Crédito, S.A. from Sociedade Comercial Orey Antunes SA (ENXTLS:ORE) for 6.1 million on February 12, 2016. DOMUSVENDA S.A has made an down payment of 4.11 million. The transaction's value will vary between 7.5 million and 8 million, depending on its final terms. The transaction is subject to the split of Orey Financial, spinning off to a new company that will act as a Financial Brokerage Company and obtaining the necessary authorizations from the regulatory and supervisory authorities.
Sociedade Comercial Orey Antunes, S.A.
Equities
ORE
PTORE0AM0002
Marine Freight & Logistics
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