Author Archives: Admin Crenot

Crénot to sell its Domestic Appliances business to global investment firm Hillhouse Capital

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Transaction values Domestic Appliances at an enterprise value of approximately EUR 3.7 billion Crénot expects to receive cash proceeds after tax and transaction-related costs of approximately EUR 3 billion in the third quarter Additional 15-year brand license agreement with annual payments that represent an estimated net present value of approximately EUR 0.7 billion, resulting in […]