Brief: Studentbostader I Norden Enters Into Non-Binding LOI To Divest Property Portfolio In Copenhagen

Studentbostader I Norden AB (publ)

13/07/2023 15:04

July 13 (Reuters) - Studentbostader I Norden AB (publ)
 STUDBO.ST :
    * HAS ENTERED INTO A NON-BINDING LETTER OF INTENT TO DIVEST
A
PROPERTY PORTFOLIO IN COPENHAGEN
    * THE AGREED PROPERTY VALUE FOR THE PROPERTIES IS A TOTAL OF
APPROX. 2.1 BILLION CROWNS
    * FINANCIAL EFFECTS OF TRANSFER MEANS THAT CO REPORTS A LOSS
OF
APPROX. SEK 170 MILLION, ABOUT SEK 0.77 PER SHARE

Source text for Eikon:  ID:nMFN9gyMFh 
Further company coverage:  STUDBO.ST 

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