Dec 12 (Reuters) - Ardent Leisure Group AAD.AX
* Ardent Leisure sells D'albora Marinas
* D'albora Marinas portfolio comprises seven high profile marinas located in premium locations
* After an open expression of interest sale process, group has agreed to sell D'albora Marinas business for a sale price of $126 million
* "Agreed sale price of $126 million represents a premium to current book value and will improve balance sheet capacity of group"
* Successful conclusion of sales process for D'albora Marinas portfolio
* Sale price represents an 11.0% premium over current book value of $113.5 million
* Completion of transaction is expected to occur before 30 June 2017
* Sale process incurred transaction costs of $3.3 million and commitment to complete $5.6 million of capital expenditure projects Source text for Eikon: ID:nASXbzPz3s Further company coverage: AAD.AX