April 4, 2019 / 6:10 AM / 21 days ago

BRIEF-Icelandair Enters Into Final Negotiations Regarding Sales Of Icelandair Hotels

April 4 (Reuters) - Icelandair Group hf:

* SAID ON WEDNESDAY IT HAS ENTERED INTO FINAL NEGOTIATIONS WITH A PREFERRED BIDDER IN THE SALES PROCESS OF ITS SUBSIDIARY COMPANY ICELANDAIR HOTELS AND ASSOCIATED REAL ESTATE

* ICELANDAIR GROUP ASSUMES TO MAINTAIN 20% OWNERSHIP IN SOLD ASSETS

* PARTIES EXPECT TO FINALISE TRANSACTION BY END OF Q2, 2019

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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