Brief: Bewi Enters Agreement To Divest Remaining Part Of Real Estate Portfolio

Bewi ASA

29/09/2023 06:53

Sept 29 (Reuters) - Bewi ASA  BEWI.OL :
    * BEWI - AGREEMENT TO DIVEST REMAINING PART OF REAL ESTATE
PORTFOLIO FOR EUR 55 MILLION
    * HAS ENTERED INTO AGREEMENTS WITH KMC PROPERTIES FOR
DIVESTMENT
OF REMAINING PART OF THIS REAL ESTATE PORTFOLIO FOR
APPROXIMATELY EUR 55 MILLION
    * AGREEMENTS ARE SUBJECT TO CERTAIN CONDITIONS PRECEDENTS
BEING
FULFILLED AND CLOSING IS EXPECTED TO TAKE PLACE IN Q4 OF 2023
    * TRANSACTION SIGNIFICANTLY STRENGTHENS OUR FINANCIAL
POSITION -
CEO

Source text for Eikon:  ID:nWkr521nHJ 
Further company coverage:  BEWI.OL 

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