Apollo sells Altamira to DoBank for €412M

Apollo sells Altamira to DoBank for €412M

 

The share may reach 100% if Banco Santander, owner of the remaining 15%, exercises its right to sell.

With this purchase, DoBank intends to reach revenues of 255 million euro with Altamira, after the company reached a 95 million euro EBITDA at the end of 2018.

The operation should be finalized until May this year.

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