Brief: Sparebanken Vest In Negotiations To Sell Jonsvollskvartalet

Sparebanken Norge

23/10/2020 13:03

Oct 23 (Reuters) - Sparebanken Vest  SVEG.OL :
    * SPAREBANKEN VEST IN NEGOTIATIONS TO SELL
JONSVOLLSKVARTALET AS
TO KLP
    * IS IN NEGOTIATIONS WITH KLP FOR SALE OF 100% OF SHARES IN
JONSVOLLSKVARTALET AS
    * PLANNED TRANSACTION IS BASED ON A PROPERTY VALUE FOR
BUILDING OF
MNOK 1,620
    * PROVIDED CLOSING, TRANSACTION WILL MEAN THAT SPAREBANKEN
VEST
ACCOUNTS A NON-RECURRING GAIN ON SALE OF APPROXIMATELY MNOK 250
    * SPAREBANKEN VEST'S FULLY OWNED SUBSIDIARY JONSVOLL UTLEIE
AS
WILL CONTINUE A LONG-TERM LEASE AGREEMENT WITH
JONSVOLLSKVARTALET AS
    * TRANSACTION IS PENDING FINAL AGREEMENT BETWEEN PARTIES

Source text for Eikon:  ID:nObiQFmyka 
Further company coverage:  SVEG.OL 

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