Bloomberg News

D’Ieteren Gets 412 Million Euros From Sale of Avis Europe Stake

October 03, 2011

Oct. 3 (Bloomberg) -- D’Ieteren SA said it will receive 412 million euros, net of currency hedging, from the sale of its majority stake in Avis Europe Plc to Avis Budget Group Inc. following completion of the transaction, according to an e- mailed statement.

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