RHDGF - Retail Holdings N.V. Completes Sale Of Stake In Subsidiary

PR Newswire

WILLEMSTAD, Curaçao, Dec. 18, 2020 /PRNewswire/ -- Retail Holdings N.V. (Symbol: RHDGF) -- Retail Holdings N.V. ("Retail Holdings", together with its subsidiaries and affiliates, the "Company"), announced today that the previously disclosed sale of shares in its indirect subsidiary, Retail Holdings ( India ) B.V. to an international private investor, has successfully closed. The consideration to be received is approximately $3.5 million . The Company's profit from the transaction will be approximately $2.6 million . Approximately 54.10% of these amounts are attributable to the Retail Holdings shareholders.

Please see the press release on this subject, dated December 15, 2020 , for additional details.

Additional financial and other information about Retail Holdings N.V. may be found at the Corporate/Investor section of the Company's website: www.retailholdings.com . Price quotations for the Company's shares are available on the "Pink Sheets" quotation services under the symbol "RHDGF".

SOURCE Retail Holdings N.V.