Feb 12 (Reuters) - Ratos AB:
* SAYS DIVESTMENT GENERATES AN ESTIMATED NET RESULT EFFECT OF APPROXIMATELY SEK 40M
* SAYS INVESTMENT HAS GENERATED A NEGATIVE AVERAGE ANNUAL RATE OF RETURN (IRR)
* SAYS TO SELL ALL OF ITS SHARES IN ITS SUBSIDIARY JOTUL A/S (JOTUL), A MARKET-LEADING NORWEGIAN MANUFACTURER OF CAST-IRON STOVES AND FIREPLACES WITH GLOBAL DISTRIBUTION, TO OPENGATE CAPITAL FOR APPROXIMATELY NOK 360M (ENTERPRISE VALUE)
* SAYS TRANSACTION IS EXPECTED TO BE COMPLETED DURING Q1 OF 2018 Source text for Eikon: Further company coverage: (Stockholm Newsroom)