Etn. Fr. Colruyt NV (COLR.BR)

Colruyt to sell part of stake in Virya Energy and entirety of Dreambaby

The Virya deal is based on an equity value of about 600 million euros ($650.64 million), Colruyt said in a statement, adding it would book a cash inflow of about 180 million in its 2023/24 financial year. Virya - founded by Colruyt and Korys in 2019 - is active in developing, constructing and operating renewable energy infrastructure with a focus on onshore wind.