Brief: Beter Bed Announces Sale, Lease-Back Of Uden Distribution Center

Beter Bed Holding NV

18/10/2019 06:09

Oct 18 (Reuters) - BETER BED HOLDING NV  BETR.AS :
    * REG-BETER BED HOLDING ANNOUNCES SALE AND LEASE-BACK OF THE
DISTRIBUTION CENTER IN UDEN
    * THIS TRANSACTION SUBSTANTIALLY IMPROVES LIQUIDITY AND NET
DEBT
POSITION OF BETER BED HOLDING
    * CASH PROCEEDS WILL BE USED TO REDUCE DEBT POSITION OF
BETER BED
HOLDING, AND TO INVEST IN FURTHER ACCELERATING GROWTH OF
SUCCESSFUL BENELUX OPERATIONS
    * DEAL FOR EUR 14.0 MILLION

Source text for Eikon:  ID:nGNEbNVzw1 
Further company coverage:  BETR.AS 

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