Oakley Capital Investments (GB:OCI) has released an update.
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Oakley Capital Investments Limited has successfully sold its stake in idealista, the leading online real estate classifieds platform in southern Europe, for a substantial return. The transaction, which values idealista at €2.9 billion, is expected to fetch OCI approximately £70 million, marking another lucrative exit in the digital consumer sector for the firm. Oakley Capital’s consistent investment strategy in tech-focused growth markets like Iberia has once again proven fruitful, with idealista connecting numerous real estate agents to millions of users across Spain, Italy, and Portugal.
For further insights into GB:OCI stock, check out TipRanks’ Stock Analysis page.