Williams Grand Prix Holdings PLC
Williams Grand Prix Holdings PLC divests majority stake in Williams Advanced Engineering
DGAP-News: Williams Grand Prix Holdings PLC
/ Key word(s): Disposal
Williams Grand Prix Holdings plc (“Williams”) (WGPH, Ticker: WGF1) today completed the sale of a majority equity stake in Williams Advanced Engineering Limited (“WAE”) to EMK Capital, an independent private equity firm. This move will support and accelerate WAE’s long-term growth, including the commercialisation of various technology opportunities. Williams will continue to retain a significant minority stake in the WAE business.
Contact: Mark Biddle General Counsel Mark.Biddle@WilliamsF1.com
31.12.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Williams Grand Prix Holdings PLC |
Grove, Wantage | |
OX12 0DQ Oxfordshire | |
United Kingdom | |
Phone: | +44 (0) 1235 777700 |
Fax: | +44 (0) 1235 764705 |
E-mail: | enquiries@williamsf1.com |
Internet: | http://www.williamsf1.com |
ISIN: | DE000A1H6VM4 |
WKN: | A1H6VM |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 945255 |
End of News | DGAP News Service |
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