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Industrial Holdings
Major participations
The sale of UBS’s 55.6% stake in Motor-Columbus to a consortium of Atel’s Swiss minority shareholders, EOS Holding and Atel, as well as to French utility Electricité de France (EDF), which was included in this segment, was successfully completed on 23 March 2006. The sale price was set at CHF 1.3 billion, resulting in a pre-tax gain for UBS of CHF 365 million. The net disposal gain of CHF 290 million and the operating result of CHF 72 million realized during the quarter before the deal closed are reported as discontinued operations after tax. All prior periods have been restated accordingly.
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© UBS 1998-2009. All rights reserved.
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