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BRIEF-Ratos says divests all shares in subsidiary Serena Properties
June 30, 2017 / 6:46 AM / 5 months ago

BRIEF-Ratos says divests all shares in subsidiary Serena Properties

June 30 (Reuters) - Ratos Ab says

* Divests all shares in Serena Properties.

* Enterprise value amounts to EUr 206 million and Ratos will receive approximately EUR 50 million for its shareholding.

* Divestment generates an exit gain of approximately SEK 90 million and an average annual return (irr) of approximately 30% as well as a money multiple of 1.5. Source text for Eikon: Further company coverage: (Reporting By Johan Sennero)

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