Feb 13 (Reuters) - Af Gruppen ASA AFGA.OL:
ACQUIRES A MAJORITY STAKE IN SWEDISH CONSTRUCTION CONTRACTOR
ENTERPRISE VALUE UP TO SEK 140 MILLION
AF BYGG SYD AB HAS ENTERED INTO AN AGREEMENT TO ACQUIRE 70 PER CENT OF SHARES IN H.A. BYGG ENTREPRENAD AB
REMAINING 30 PER CENT WILL CONTINUE TO BE OWNED BY COMPANY'S EMPLOYEES.
AGREED ENTERPRISE VALUE FOR 100 PER CENT OF SHARES IS UP TO SEK 140 MILLION ON A DEBT-FREE BASIS
Source text: ID:nObiGqlTHa
Further company coverage: AFGA.OL
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))