December 8, 2016 / 7:09 AM / 8 months ago

BRIEF-Affecto sells Estonian unit for abot EUR 1.8 million

1 Min Read

Dec 8 (Reuters) - Affecto Oyj :

* Has agreed to sell its Estonian subsidiary to subsidiary's acting members of staff

* Expects to close transaction in December

* Selling price is about 1.8 million euros ($1.94 million)

* Transaction's overall impact on Affecto operating profit in 2016 is expected to be about 1.1 million euros

* Outlook for year 2016 remains unchanged Source text for Eikon: Further company coverage: ($1 = 0.9291 euros) (Gdynia Newsroom)

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