Brief: Sagax Divests 36 Properties In Spain For EUR 180 Mln

Sagax AB

20/12/2022 13:18

Dec 20 (Reuters) - Sagax AB  SAGAa.ST :
    * SAGAX DIVESTS 36 PROPERTIES IN SPAIN
    * PURCHASE PRICE EXCEEDS PROPERTIES' BOOK VALUE BY EUR 15.6
M
    * DIVESTS 36 PROPERTIES IN SPAIN FOR EUR 180 M AND EUR 10 M
IN
ADDITIONAL PURCHASE PRICE, RENTAL INCOME, OR COMBINATION THEREOF
A SAGAX'S DISCRETION
    * ENTERED INTO AGREEMENT TO DIVEST 36 PROPERTIES IN SPAIN TO
COOP
GROUP

Source text for Eikon:  ID:nWkr3nnBPQ 
Further company coverage:  SAGAa.ST 
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