May 24, 2016 / 5:36 AM / a year ago

BRIEF-Hexatronic buys Ericsson's New Zealand operations

May 24 (Reuters) - Hexatronic Group AB :

* Signs deal to buy Ericsson's fiber cable and duct operations in Wellington, New Zealand

* Consideration is about 30 million Swedish crowns ($3.59 million) and is financed by buyer's credit from Nordea

* Transaction is expected to be finalized at the beginning of July

Source text for Eikon:

Further company coverage: ($1 = 8.3479 Swedish crowns) (Gdynia Newsroom)

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