Valeo Sells its Shareholding in Parrot
Paris, France (ots/PRNewswire)
Valeo Ventures has sold its 14.8% shareholding in Bluetooth specialist Parrot for a total of EUR 31 million.
This transaction took place on June 28 during Parrot's stock market flotation.
Valeo Ventures, which acquired the shareholding in 2000, now has no significant assets.
Valeo is an independent industrial group fully focused on the design, production and sale of components, integrated systems and modules for cars and trucks. Valeo ranks among the world's top automotive suppliers. The Group has 134 plants, 68 R&D centers, 9 distribution centers and employs 70,400 people in 27 countries worldwide.
For more information, contact:
Alexandre Telinge, Group Media Relations & PR Manager, Tél.: +33-(0)1-40-55-20-74
Matthieu de Crevoisier, Group Media Relations Coordinator, Tél.: +33-(0)1-40-55-37-68
Contact:
For more information, contact: Alexandre Telinge, Group Media
Relations & PR Manager, Tél.:
+33-(0)1-40-55-20-74. Matthieu de Crevoisier, Group Media Relations
Coordinator,
Tél.: +33-(0)1-40-55-37-68