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Vocento ( (ES:VOC) ) just unveiled an update.
Vocento, S.A., through its subsidiary Prensa Malagueña, S.A., has sold the headquarters of El Sur de Málaga to a real estate company of the HM Hospitales Group for 11 million euros. This sale is part of Vocento’s strategic plan to optimize its real estate assets and improve its financial position, with an estimated net gain of 9 million euros before taxes.
More about Vocento
Vocento, S.A. operates in the media industry, focusing on newspaper publishing and related services. The company is involved in optimizing its real estate portfolio as part of its strategic plan.
Average Trading Volume: 44,120
Technical Sentiment Signal: Sell
Current Market Cap: €79.05M
For a thorough assessment of VOC stock, go to TipRanks’ Stock Analysis page.