November 21, 2017 / 12:08 AM / 2 years ago

BRIEF-‍Qliro Group sells Health And Sports Nutrition Group to Orkla​

Nov 20 (Reuters) - Qliro Group Ab (Publ)

* ‍Qliro group sells Health And Sports Nutrition Group​

* Qliro group ab says ‍enterprise value of HSNG in transaction is sek 360 million on a cash and debt free basis and with a normalized working capital​

* Qliro Group Ab says ‍entered into an agreement to sell its subsidiary Health And Sports Nutrition Group hsng ab (“hsng”) to Orkla​

* Qliro group ab says ‍hsng will remain a partner to Qliro financial services and cdon marketplace after transaction​

* ‍hsng is expected to be reported as an item under discontinued operations from q4 2017​ Source text for Eikon: Further company coverage:

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