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. 

Company Quote

-0.51 -3.77%
29 May 2015