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Viking Line Abp — M&A Activity 2013
Apr 5, 2013
3300_rns_2013-04-05_e8444f0c-5c79-4681-9af3-bbb661b2b00c.html
M&A Activity
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Viking Line - Company Announcement
VIKING LINE SELLS M/S ISABELLA
Mariehamn, 2013-04-05 08:00 CEST (GLOBE NEWSWIRE) -- Viking Line Abp COMPANY ANNOUNCEMENT 05.04.2013, 9.00 A.M. Sale of M/S Isabella Viking Line Abp reached yesterday an agreement with Hansalink Limited, a subsidiary of Tallink Grupp, regarding a sale of M/S Isabella. The transaction and the delivery of the vessel are scheduled to be completed during April 2013. The sale of M/S Isabella is a planned part of the financing of Viking Line's new cruise vessel M/S Viking Grace. The total sales price will be approximately 30 million euros and results in a capital gain of about 23 million euros. Viking Line Abp Mikael Backman President and CEO CEO Mikael Backman, tel. +358-(0)18-27000, [email protected] DMD Jan Hanses, tel. +358-(0)18-27000, [email protected]