Touax: Touax Rail Ltd's capital increase completed
September 30 2020 - 2:30AM
Touax: Touax Rail Ltd's capital increase completed
PRESS
RELEASE
Paris, September 30, 2020 – 8:30 a.m.
YOUR OPERATIONAL LEASING SOLUTION
FOR SUSTAINABLE TRANSPORTATION
Touax Rail Ltd's capital increase
completed
for 81.9 million euros with DIF Capital
Partners
Touax SCA today announced the completion of
Touax Rail Ltd's 81.9 million euro capital increase with one of the
world's leading independent infrastructure funds DIF Capital
Partners.
As a result of this transaction, Touax SCA
remains a majority shareholder with 51% of the capital of Touax
Rail Ltd and 49% is now owned by DIF Capital Partners, through its
DIF Core Infrastructure Fund II.
The transaction will enable Touax Rail to
accelerate the development of its freight car business in Europe
and Asia. Immediately accretive, the transaction allows to finance
minority stakes in entities holding assets, in Touax Rail India Ltd
as well as to finance the future growth of Touax Rail Limited.
Fabrice Walewski, Managing
Director of the Touax Group commented: "We are delighted with the
completion of this transaction. DIF is now a long-term partner that
will allow us to expand our positions in our highly resilient
freight car business in Europe and Asia."
UPCOMING EVENT
- November
13, 2020: Q3 2020 Revenue from activities
TOUAX Group leases out
tangible assets (freight railcars, river barges and containers) on
a daily basis worldwide, both on its own account and for investors.
With nearly €1.1bn in assets under management, TOUAX is one of the
leading European players in the leasing of such equipment.
TOUAX is listed on the
EURONEXT stock market in Paris - Euronext Paris Compartment C (ISIN
code: FR0000033003) - and is listed on the CAC® Small, CAC® Mid
& Small and EnterNext©PEA-PME 150 indices.
For further
information please visit: www.touax.com
Contacts:TOUAX
ACTIFINFabrice & Raphaël
WALEWSKI
Ghislaine
Gasparettotouax@touax.com
ggasparetto@actifin.frwww.touax.com
Tel: +33 1 56 88 11 11Tel:
+33 1 46 96 18 00
- EN TOUAX Closing Toronto 30 09 2020
Touax (EU:TOUP)
Historical Stock Chart
From Jun 2024 to Jul 2024
Touax (EU:TOUP)
Historical Stock Chart
From Jul 2023 to Jul 2024