BRIEF-Spain's Tavex to sell it's business in Mexico and US

viernes 19 de diciembre de 2014 09:34 GYT

Dec 18 (Reuters) - Grupo Tavex SA :

* Said on Thursday reached agreement to sell its business in Mexico and United States

* Values transaction at around 44 million euros ($54 million)

* Sale covers units Tavemex SA de CV, Industrial Textil de PueblaSA de CV, Tavex InmobiliariaSA de CV, Tavex USA Inc. as well as industrial plants in Puebla and Tlaxcala, Mexico

* Said sale price is lower than suggested previously by Banco Santander as a result of delisting offer made for Tavex by Ayuspe Empreendimentos e Participacoes

Source text:

Further company coverage:

($1 = 0.8143 euros) (Gdynia Newsroom)