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Pandox has entered into an agreement to divest the hotel property Hovmästaren 1 (Scandic Ferrum) in Kiruna for c.€327.13 m (MSEK 286), which is line with latest valuation. The buyer is the state-owned mining company Loussavaara-Kirunavaara AB (LKAB). The date of transfer is planned to 1 December 2018. …
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