Brief: RNB To Sell Polarn O. Pyret To Procuritas

Coala-Life AB (publ)

10/03/2021 23:00

March 10 (Reuters) - Rnb Retail and Brands AB (publ)
 RNBS.ST :
    * RNB TO SELL POLARN O. PYRET TO PROCURITAS
    * RNB RETAIL AND BRANDS - REACHED AN AGREEMENT TO SELL
POLARN O.
PYRET TO PROCURITAS FOR  PRELIMINARY VALUE OF SEK 330 MILLION ON
A CASH AND DEBT-FREE BASIS
    * PROCESS TO FIND A SUITABLE SOLUTION FOR REMAINING GROUP,
INCLUDING BROTHERS, IS ONGOING

Source text for Eikon:  ID:nWkr5gkl6R 
Further company coverage:  RNBS.ST 

 ((Reuters.Briefs@thomsonreuters.com;))