"The sale of our Italian equity investment AGO Santa Luce S.r.l. has brought us one major step closer to our objective of selling all equity investments by the end of the year. We are planning to use the income from the disposal to alleviate the Company's debt and strengthen our equity base," commented Hans Ulrich Gruber, CEO of AGO TI Cqcukry q Ntpymwt.
AGO AG sells all of its shares in AGO Santa Luce S.r.l, Italy
All four equity investments expected to be sold by the end of 2012
"The sale of our Italian equity investment AGO Santa Luce S.r.l. has brought us one major step closer to our objective of selling all equity investments by the end of the year. We are planning to use the income from the disposal to alleviate the Company's debt and strengthen our equity base," commented Hans Ulrich Gruber, CEO of AGO TI Cqcukry q Ntpymwt.