Brief: Pihlajalinna Increases Its Holdings In Municipal Joint Ventures

Pihlajalinna Oyj

29/06/2018 08:34

June 29 (Reuters) - PIHLAJALINNA OYJ  PIHLIS.HE :
    * PIHLAJALINNA HAS INCREASED ITS HOLDINGS IN MUNICIPAL JOINT
VENTURES
    * NOW OWNS 81% OF SHARE CAPITAL OF MÄNTÄNVUOREN TERVEYS OY
AND
KOLMOSTIEN TERVEYS OY
    * HAS PAID A TOTAL OF EUR 8.4 MILLION FOR COMPLETED SHARE
ACQUISITIONS
    * NOW OWNS 90% OF SHARE CAPITAL OF JOKILAAKSON TERVEYS OY
    * HAS SIGNED A CONDITIONAL AGREEMENT WITH KUUSIOKUNNAT
MUNICIPALITIES
    * WILL INCREASE ITS HOLDING IN KUUSIOLINNA TERVEYS OY TO 97%
    * ACCORDING TO CONDITIONAL AGREEMENT, SALES PRICE FOR
CONTEMPLATED
SALE OF KUUSIOLINNA TERVEYS SHARES IS EUR 18.4 MILLION

Source text for Eikon:  ID:nWkrTPBRc 
Further company coverage:  PIHLIS.HE 

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