SBB strengthens its ownership in Arlandastad Group AB (publ)

Summary by AI BETAClose X

Samhällsbyggnadsbolaget i Norden AB (SBB) has increased its stake in Arlandastad Group AB (publ) by acquiring an additional 5.8 percent of shares for SEK 42 per share, bringing SBB's total ownership to 20.0 percent. This strategic acquisition is viewed positively by SBB's management, who believe Arlandastad Group represents a sound investment that will generate shareholder value.

Disclaimer*

Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) has, through a subsidiary, acquired 5.8 percent of the shares in Arlandastad Group AB (publ) from Gelba Management AB. Following the transaction, SBB's ownership amounts to 20.0 percent of the shares in Arlandastad Group. The purchase price amounts to SEK 42 per share.

Arlandastad Group is a property development company focused on realizing the potential of large, strategically located areas. In collaboration with partners and the community, the company creates sustainable and attractive destinations for business. More information about Arlandastad Group is available at www.arlandastadgroup.se.

‘We have been following the company for a long time, and the transactions it has carried out during the year reinforce our view that Arlandastad is a good investment and creates shareholder value for SBB's shareholders,’ says Krister Karlsson, Deputy CEO.

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