Feb 6 (Reuters) - Norske Skog ASA NSKOG.OL :
* NORSKE SKOG SELLS FOREST ASSETS IN TASMANIA
* NORSKE SKOG SELLS FOREST ASSETS IN TASMANIA
* NORSKE SKOG ASA - NORSKE SKOG HAS ENTERED INTO AN AGREEMENT TO SELL ITS TASMANIAN FOREST ASSETS TO A FUND CONTROLLED BY AUSTRALIAN BASED INVESTMENT MANAGER NEW FORESTS PTY LTD
* PURCHASE PRICE FOR ASSETS IS AUD 62.5 MILLION (NOK 388 MILLION).
* BOOK VALUE OF ASSETS SOLD PER 31 DECEMBER 2019 WERE NOK 297 MILLION
* TRANSACTION WILL RESULT IN A GAIN TO BE RECOGNIZED IN Q1 2020.