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Norway's wealth fund buys Axel Springer headquarters for 425 mln euros


Reuters

OSLO, July 17 (Reuters) - Norway's$970-billion wealth fund
has agreed to pay 425 million euros ($486 million) for a 100
percent stake in the new Axel Springer <SPRGn.DE> headquarters
office building in Berlin's Mitte district, it said on Monday.
    Axel Springer separately reported the news earlier on
Monday. [nL8N1K81G6]

($1 = 0.8735 euros)

 (Reporting by Gwladys Fouche, editing by Louise Heavens)
 ((gwladys.fouche@tr.com; +47 23 31 65 94; Reuters Messaging:
gwladys.fouche.reuters.com@reuters.net; Twitter handle:
@gfouche))

Keywords: NORWAY SWF/AXEL SPRNGR (URGENT)



This article appears in: World Markets , Stocks , Economy


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