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.