BRIEF-Alba sells 19.8 pct of Flex for 59.2 mln euros
March 29 Corporacion Financiera Alba SA :
* Said on Tuesday that through Deya Capital SCR SA it had sold its entire 19.75 percent stake in Flex Equipos de Descanso SA (Flex) for 59.2 million euros ($64.0 million), with capital gains of 40.7 million euros
* It has sold 6.7 percent stake in Flex to the company itself, which acquired it as treasury stock for subsequent amortization, for 20.0 million euros
* It has sold the remaining 13.1 percent stake to a financial investor for 39.2 million euros
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Further company coverage: ($1 = 0.9252 euros) (Gdynia Newsroom)