Brief: NewCap Holding to buy Alphacore Fonder in Sweden

Newcap Holding A/S

27/05/2016 07:43

May 27 (Reuters) - NewCap Holding A/S  NEWCAP.CO : 
    * Is close to  purchase of 45 percent in eTurn Fonder AB, under name change to Alphacore 
Fonder AB 
    * Purchase price is about 2.5 million Swedish crowns ($302,075) 
    * Purchase price to be paid in cash 
    * Does not expect investment in Alphacore to affect group's 2016 EBTDA significantly 
    * Board expects investment will already from 2017 contribute positively to NewCap group 
result in range of 10-15 million crowns annually 
    * Makes no changes to 2016 earnings guidance 
 
Source text for Eikon:  ID:nCSE6lxx  
Further company coverage:  NEWCAP.CO  
 
($1 = 8.2761 Swedish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))