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Volva Group's AB Volvo to divest commercial real estate

Friday, 28 Mar 2014 03:38am EDT 

AB Volvo:Signed agreement to sell commercial real estate to companies jointly owned by Hemfosa Fastigheter AB and AB Sagax, and to companies owned by AB Sagax.Purchase consideration, on a cash and debt free basis, is expected to be about 2 bln swedish crown.Transaction expected to be closed in Q2 of 2014. 

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0.084 +0.68%
25 Aug 2014