Brief: Storm Real Estate Signs Conditional Agreement With Swedbank

Bevest ASA

27/06/2019 12:07

June 27 (Reuters) - Storm Real Estate ASA  STORM.OL :
    * CONDITIONAL AGREEMENT WITH SWEDBANK AB
    * AGREEMENT WILL AUTOMATICALLY LAPSE AT LATEST ON 31 AUGUST
2019
IF CONDITIONS IN AGREEMENT ARE NOT MET
    * HAS TODAY SIGNED A CONDITIONAL AGREEMENT WITH SWEDBANK AB
AND
ACONCAGUA MANAGEMENT LTD THAT OUTLINES A LONG-TERM FINANCIAL
SOLUTION
    * IF COMPLETED, IT IS LIKELY THAT COMPANY HAS A FINANCIAL
FUNDAMENT TO CONTINUE OPERATING

Source text for Eikon:  ID:nObiY2GSxa 
Further company coverage:  STORM.OL 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))