Kesko Corporation and Varma Mutual Pension Insurance Company have today completed the deal by which Kesko sold its SATO Corporation shares to Varma. Kesko's ownership interest in SATO was approximately 16.5%. The price of the shares is about €46 million and Kesko is expected to gain about €37 million on the disposal. The gain will be recognised for the first quarter of 2007.
Kesko has previously published a stock exchange release concerning the deal on 7 February 2007.
Further information is available from Juhani Järvi, Corporate Executive Vice President, Kesko Corporation, tel. +358 1053 22209.
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