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BRIEF-Avigilon agrees to sell office tower for C$107.5 mln
May 8, 2017 / 12:22 PM / 5 months ago

BRIEF-Avigilon agrees to sell office tower for C$107.5 mln

May 8 (Reuters) - Avigilon Corp:

* Avigilon enters into agreement to sell office tower for C$107.5 mln ($78.5 mln)

* Avigilon Corp - renovations on building are nearing completion, and Avigilon expects to move in Q2 2017

* Avigilon Corp - transaction provides over $100 million in cash, will substantially reduce co’s debt Source text for Eikon: Further company coverage: ($1 = 1.3698 Canadian dollars)

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