April 11, 2018 / 7:05 AM / 16 days ago

BRIEF-Marimekko Agrees On Sale And Leaseback Of Its Head Office Building In Helsinki

April 11 (Reuters) - MARIMEKKO OYJ:

* MARIMEKKO AGREED ON A SALE AND LEASEBACK OF ITS HEAD OFFICE BUILDING IN HELSINKI TO FOCUS ITS EFFORTS ON CORE BUSINESS DEVELOPMENT

* CASH AND DEBT FREE SELLING PRICE IS EUR 10.4 MILLION

* RECURRING TAXABLE CAPITAL GAIN OF ABOUT EUR 6 MILLION IN Q2 OF 2018

* DEAL’S ESTIMATED CASH FLOW IMPACT BEFORE TAXES WILL BE ABOUT EUR 9 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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