Schibsted ASA Concludes Profitable TRS Agreement

Schibsted ASA Concludes Profitable TRS Agreement

Adevinta ASA (ADEVF) has released an update.

Schibsted ASA has concluded a total return swap agreement with Danske Bank, resulting in a favorable cash effect of approximately NOK 118 million after closing a financial exposure tied to over 36 million Adevinta shares. The termination price per share was NOK 115.

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