Brief: Borgestad sells 50 pct stake in Istrail Invest

Borgestad ASA

12/05/2016 10:02

May 12 (Reuters) - Borgestad ASA  BOR.OL : 
    * Borgestad and its unit Borgestad Industries AS sell 2,550 shares in Istrail Invest AS 
(representing 50 pct of the shares) 
    * Buyer is Fabrikkgata 4 AS 
    * Purchase price for shares in Istrail Invest is 18.3 million Norwegian crowns ($2.26 
million) 
 
Source text for Eikon:  ID:nObiZ4xRMa  
Further company coverage:  BOR.OL  
 
($1 = 8.1061 Norwegian crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))