RHJ International Completes Divestment of Phoenix Resort K.K. to SEGA SAMMY HOLDINGS Inc.
(Thomson Reuters ONE) -
Brussels, March 26, 2012 - RHJ International ("RHJI") has today successfully
completed the divestment of its 100% ownership in Phoenix Resort K.K. ("Phoenix
Seagaia Resort") to SEGA SAMMY HOLDINGS Inc. ("SEGA SAMMY") announced on
February 23, 2012. The total cash consideration for the transaction is JPY 400
million (EUR 3.7 million). In addition, RHJI has also received the reimbursement
of the outstanding balance of the revolving credit facility granted to Phoenix
Seagaia Resort which amounted to JPY 878 million (EUR 8 million).
This divestment is part of RHJI's strategy to transform itself into a financial
services group based on an independent merchant banking model.
About RHJ International:
RHJ International (Euronext: RHJI) is a limited liability company incorporated
under the laws of Belgium, having its registered office at Avenue Louise
326, 1050 Brussels, Belgium. RHJI is transforming itself from a diversified
industrial holding company into an active and dynamic financial services group.
For further information visit: www.rhji.com.
For further information please contact:
Arnaud Denis
Investor Relations Director
Tel: +32 2 643 60 13
E-mail: adenis(at)rhji.com
This press release contains certain forward-looking statements concerning the
Company's operations, economic performance and financial condition. Such
forward-looking statements are based on management's current expectations,
estimates and projections and are subject to a number of assumptions and involve
known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to be materially
different from any future results, performance or achievements expressed or
implied by such forward-looking statements. The Company has no obligation to
publicly update or release any revisions to these forward-looking statements to
reflect events or circumstances after the date of this press release.
Full Press Release (PDF):
http://hugin.info/135946/R/1594678/502977.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: RHJ International SA via Thomson Reuters ONE
[HUG#1594678]
Unternehmensinformation / Kurzprofil:
Datum: 26.03.2012 - 08:00 Uhr
Sprache: Deutsch
News-ID 128129
Anzahl Zeichen: 2897
contact information:
Town:
Brussels
Kategorie:
Business News
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"RHJ International Completes Divestment of Phoenix Resort K.K. to SEGA SAMMY HOLDINGS Inc."
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