Carlo Tassara looks to sell 12.8% stake in Eramet and 7.03% stake in Comilog
Carlo Tassara, the holding of entrepreneur Romain Zaleski, is looking to sell its 12.8% stake in listed French mining company Eramet, reported Italian language daily Milano Finanza. The report cited sources with knowledge of the matter who said that the stake was up for sale following consultations with creditor banks.
The report said that based on Eramet's present market cap, Carlo Tassara could receive EUR 285m for the stake. The item added that Carlo Tassara has given the stake a book value of EUR 234m.
The report said that Carlo Tassara is also looking to sell its 7.03% stake in Gabon-based manganese miner Comilog, another mining company. The report said that this stake has a book value of EUR 14.8m.
The report said that Goldman Sachs has had its mandate renewed in order to carry out the sale.
Source Milano Finanza daily edition