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Provider : Reuters Investment Profile
Provider : Wright Reports
Provider : Sadif Analytics Prime
Provider : Sadif Analytics Prime

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ICA sells Kjell & Company and expects capital gain of about SEK 440 mln

Wednesday, 16 Apr 2014 02:30am EDT 

ICA Gruppen AB:Sells its 50-percent holding in Kjell & Company to FSN Capital.Sale price 630 million Swedish crowns.Expects the sale to generate a capital gain for ICA Gruppen of about 440 million crowns.The sale is in line with ICA strategy to focus on non-food offering.Expects transaction to be completed in Q2. 

Company Quote

1.0 +0.40%
12 Feb 2016