Danish telecom group sells 224 properties for EUR 550m

By A staff reporter 2007-07-06T00:00:00

Danish telecom operator TDC has divested 224 properties in a sale-and-leaseback agreement to a company controlled by Danish pension funds ATP Ejendomme and PFA Ejendomme. The DKK 4.1 bn (EUR 550 mln) sale is expected to result in an after-tax gain of about EUR 376.3 mln, which will be ...

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