Brief: Aktia Bank Unit Divests Real Estate Investment

Aktia Bank Abp

16/05/2022 14:33

May 16 (Reuters) - Aktia Bank Abp  AKTIA.HE :
    * LETTER OF INTENT HAS BEEN SIGNED ON THE SALE OF AKTIA LIFE
INSURANCE LTD’S REAL ESTATE INVESTMENT, ESTIMATED CAPITAL GAINS
OF MORE THAN EUR 10 MILLION
    * CAPITAL GAINS OR ANY UNREALISED VALUE CHANGE RECORDED FROM
ARRANGEMENT DOES NOT CHANGE AKTIA'S OUTLOOK ACCORDING TO WHICH
COMPARABLE OPERATING PROFIT IN 2022 IS EXPECTED TO BE SOMEWHAT
HIGHER THAN IN 2021
    * IT IS ESTIMATED THAT TRANSACTION WILL BE EXECUTED DURING
Q2 OF
YEAR

Source text for Eikon:  ID:nGNE1C5WCN 
Further company coverage:  AKTIA.HE 

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