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Scandic signs agreement to sell Scandic Hasselbacken in Stockholm

Today, Scandic signed an agreement for the sale of Scandic Hasselbacken in Stockholm. The selling price amounts to around 230 MSEK (c. €21.9m) on a debt-free basis. The transaction is expected to result in a capital gain of approximately 180 MSEK for Scandic. The new owners will take over the oper[…]