RHJ International Announces the Divestiture of its Remaining Interest in U-Shin
(Thomson Reuters ONE) -
Brussels, March 2, 2010 - RHJ International (the "Company") announced today that
it has now disposed of its remaining interest in U-shin Ltd. ("U-shin"), a
company active in the manufacturing and sales of automotive components such as
door locks and latches.
In aggregate, the Company sold its interest in U-shin for total cash proceeds of
JPY 3,445 million (EUR 28.5 million), compared to a carrying value of JPY 3,200
million (EUR 26.4 million).
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. It is a diversified holding company focused on
creating long-term value for its shareholders by acquiring and operating
businesses. 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.
[HUG#1389874]
Full Press Release (PDF): http://hugin.info/135946/R/1389874/348032.pdf
Unternehmensinformation / Kurzprofil:
Datum: 02.03.2010 - 08:45 Uhr
Sprache: Deutsch
News-ID 13038
Anzahl Zeichen: 0
contact information:
Town:
Brussels
Kategorie:
Business News
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"RHJ International Announces the Divestiture of its Remaining Interest in U-Shin"
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