An update from Corporacion Financiera Alba ( (ES:ALB) ) is now available.
Corporación Financiera Alba has sold its entire 23.71% stake in Profand Fishing Holding to Lucasiñas for 127 million euros, generating significant capital gains. The sale marks a strategic move for Alba, which has played a crucial role in Profand’s growth and expansion, enhancing its production capacity and corporate governance.
More about Corporacion Financiera Alba
Corporación Financiera Alba, S.A. operates in the financial sector, focusing on investment and asset management. It is involved in acquiring and managing stakes in various companies, contributing to their growth and strategic positioning.
YTD Price Performance: 0.97%
Average Trading Volume: 2,266
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €5.04B
See more insights into ALB stock on TipRanks’ Stock Analysis page.