June 20, 2017 / 11:10 AM / a month ago

BRIEF-NCC and Platzer agree on major transaction in Garda and Molndal

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June 20 (Reuters) - NCC

* NCC and Platzer agree on major transaction in Garda and Molndal

* Says in Garda NCC will acquire 50 pct of the property-owning company from Platzer when the detailed development plan gains legal force at underlying property value of approx SEK 300 mln as well as a supplementary purchase consideration of about SEK 45 mln upon completion

* Says Platzer will repurchase NCC’s 50-percent share when the property is completed

* Says transaction also entails that Platzer is planning to acquire future NCC’s projects in central Molndal Source text for Eikon: Further company coverage: (Reporting by Stockholm Newsroom)

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