Executing a preliminary assets sale transaction by ORBIS S.A. subsidiary
Current report 43/2011 | 2011-12-05
ORBIS S.A. informs that on December 5, 2011, upon fulfillment of the conditions precedent for the transaction specified in the current report no. 35/2011, the final agreement was executed on terms and conditions specified in the preliminary agreement related to the sale of assets used by long-term car lease and car fleet management („CFM”) services.
The parties to the agreement are ORBIS Transport sp. z o.o. as the Seller and Arval Service Lease Polska sp. z o.o. with its registered address in Warsaw (a company belonging to BNP Paribas Group), as the Buyer.
ORBIS Transport sp. z o.o. sold the CFM assets to Arval Service Lease Polska sp. z o.o. for a price of PLN 99.4 million, and the Buyer paid the full amount of the price to the Seller’s bank account.
Attachment: Current report 43/2011 (2011-12-05)