Brief: Saga Pure Sells 100% Shares In Eilert Sundtsgate 39 AS
29/05/2026 08:05
BRIEF-Saga Pure Sells 100% Shares In Eilert Sundtsgate 39 AS May 29 (Reuters) - Saga Pure ASA SAGAS.OL:
SAID ON THURSDAY ENTERED INTO AGREEMENT TO SELL 100% OF SHARES IN EILERT SUNDTSGATE 39 AS, INDIRECTLY PROPERTY EILERT SUNDTS GATE 39, ALL SHARES IN OPERATOR SAGA HOTEL OSLO AS
TRANSACTION VALUES PROPERTY AT GROSS NOK 140 MLN AND NET NOK 135.4 MLN AFTER TAX DEDUCTION
UNDISCLOSED BUYER, NOT RELATED TO COMPANY, WILL ACQUIRE NET WORKING CAPITAL AT CLOSING
WILL PROVIDE LOAN TO BUYERS PARENT COMPANY IN AMOUNT OF NOK 70 MLN WITH 24-MONTH TENOR AT INTEREST RATE OF 5% P.A.
EXPECTS TO RECOGNISE GAIN OF NOK 13-15 MLN IN Q2, 2026
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Further company coverage: SAGAS.OL
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