An undisclosed buyer has agreed to acquire Cars Energy Sp. z o.o. from Centuria Group S.A. (WSE:VEL) for PLN 14 million on September 11, 2017. The transaction includes sale of 0.03 million shares which represents 100% share capital of Cars Energy for PLN 14 million of which PLN 2 million will be paid on signing of the final agreement and the remaining amount will be payable every 3 months starting from January 4, 2018, and the final settlement will take place no later than January 4, 2019. The parties of the preliminary agreement have agreed to enter into a final agreement by October 4 2017. As of December 8, 2017 Centuria Group signed a share purchase agreement and the total consideration will be paid by not later than April 30, 2019. An undisclosed buyer cancelled the acquisition of Cars Energy Sp. z o.o. from Centuria Group S.A. (WSE:VEL) for PLN 14 million on September 11, 2018.