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Name | Symbol | Market | Type |
---|---|---|---|
Vinci SA (PK) | USOTC:VCISY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.278 | -0.94% | 29.342 | 29.30 | 29.39 | 29.71 | 29.33 | 29.57 | 25,265 | 18:00:27 |
By Carlo Martuscelli
Vinci S.A. (DG.FR) said Thursday that its energy division acquired two of Grupo Solar Lighting's subsidiary businesses for an unspecified amount, as it looks to bolster its presence in Spain's energy generation and distribution market.
Vinci Energies said it bought SISTEM Melesur Energia and SISTEM Infraestructuras y Operaciones EPC, which provide engineering, installation and maintenance services for transformer stations and power lines.
Following the deal, Vinci Energies expects to generate annual revenue in Spain of almost 430 million euros ($470.4 million).
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
October 03, 2019 02:56 ET (06:56 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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