Gothenburg, Sweden, 2014-09-30 11:15 CEST (GLOBE NEWSWIRE) --
Bilia signed an agreement with Fastighets AB Balder today on the sale of the properties which were included in the acquisition of Toyota in Malmö, Trelleborg and Lund. The sale is being implemented with possession on 30 September 2014. It will have the following estimated effects on the Bilia Group:
- The purchase consideration amounts to approximately SEK 48 M.
- The capital gain after tax is just over SEK 12 M.
- Capital employed will be reduced by around SEK 60 M.
- Net borrowings will fall by about SEK 72 M.
Gothenburg, 30 September 2014
Bilia AB (publ)
For further information, please contact Per Avander, Managing Director and CEO, or
Gunnar Blomkvist, CFO, Bilia AB, Tel. +46 31 709 55 00.
