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Equus Total Return Sells Orco Property Shares for $5 Million

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Oct. 15 (Bloomberg) -- Equus Total Return Inc. said it sold 1.5 million of Orco Property Group shares for 3.8 million euros ($5 million).

The sale proceeds exceed the $2.6 million cost of acquiring the stock, Equus said today in a statement. Equus acquired the stock from converting the developer’s bonds into shares in May, the company said.

To contact the reporter on this story: Lenka Ponikelska in Prague at lponikelska1@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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