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Clean Energy Brazil sells agricultural assets
Clean Energy Brazil has agreed to sell its entire interest in Unialco M/S to Unialco S/A for $16.5m, subject to the payment of extension fees to be paid on set dates, typically monthly.
CEB will transfer its shares in Unialco M/S to Unialco S/A once all instalment payments, including any relevant extension fee payments, are made.
An instalment payment of $500k was made yesterday (31 May).
Unialco M/S is CEB's last remaining investment.
At 8:42am: (LON:CEB) share price was +0.13p at 5.38p
Story provided by StockMarketWire.com
01/06/2012