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BRIEF-Technopolis buys campus in Gothenburg, plans rights issue
May 24, 2016 / 11:26 AM / a year ago

BRIEF-Technopolis buys campus in Gothenburg, plans rights issue

May 24 (Reuters) - Technopolis Oyj :

* Says has signed an agreement with Niam V Gårda AB to acquire a multi-customer campus in Gothenburg, Sweden

* Debt-free purchase price is 1.18 billion Swedish crowns (about 126.6 million euros)

* Agreed with seller on an additional purchase price of about 20 million crowns based on realization of expansion potential on campus

* Is planning a maximum 150 million euro rights issue to be executed in autumn

* Details of rights issue are still in planning stages

* Future outlook remains unchanged in aftermath of this deal

* Impact of acquisition is expected to be about +3.8 million euros on net sales and approximately +3.1 million euros on EBITDA in 2016

* Closing of transaction is expected to take place in July Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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