Divestment of ICA Norway to Coop Norway completed


Coop Norway has met the conditions imposed by the Norwegian Competition
Authority for approval of the acquisition of ICA’s Norwegian grocery operations
and the transaction has now been completed.
On 4 March the Norwegian Competition Authority announced its approval of Coop
Norway’s acquisition of ICA’s Norwegian grocery operations provided Coop Norway
sold 93 stores. This condition has now been met and the deal was completed
today, 13 April.
The final purchase price was SEK 2.8 billion on a debt-free basis and the
assessed capital gain will be approximately SEK 1.2 billion.
For more information
ICA Gruppen press service, telephone number: +46 10 422 52 52
Investor Relations, Frans Benson: +46 8 561 500 20
ICA Gruppen discloses the information provided herein pursuant to the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 14.30 CET on Monday, 13 April 2015.
ICA Gruppen AB (publ) is a leading retail company with a focus on food and
health. The Group includes ICA Sweden and Rimi Baltic which mainly conduct
grocery retail, ICA Real Estate which owns and manages properties, ICA Bank
which offers financial services and, since January 2015, Apotek Hjärtat which
conducts pharmacy operations. The Group also includes ICA Norway which is being
divested, the wholly owned portfolio company inkClub and the partly owned
portfolio company Hemtex. For more information see icagruppen.se

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