April 16, 2018 / 11:34 AM / 4 days ago

BRIEF-Terveystalo Sells Entire Share Capital Of Porin Linnankulma Mutual Real Estate Company

April 16 (Reuters) - TERVEYSTALO OY:

* REG-TERVEYSTALO PLC: TERVEYSTALO SELLS THE ENTIRE SHARE CAPITAL OF PORIN LINNANKULMA MUTUAL REAL ESTATE COMPANY

* WILL CONTINUE TO OPERATE AS A TENANT IN PREMISES ON A FIXED TERM TEN-YEAR CONTRACT.

* DEBT-FREE PURCHASE PRICE OF REAL ESTATE COMPANY IS APPROXIMATELY EUR 16 MILLION

* TERVEYSTALO ESTIMATES THAT TRANSACTION WILL GENERATE A NON-RECURRING CAPITAL GAIN OF APPROXIMATELY EUR 6 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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