The deal marks the next major step forward for the once-embattled real estate company as it seeks new investors amid looming debt maturities. — Bloomberg
STOCKHOLM: Shares and bonds in Sweden’s SBB rally after Norwegian industrial investment group Aker ASA became the commercial landlord’s new main shareholder.
The deal, in which Aker’s property unit took a 9.08% stake in SBB, marks the next major step forward for the once-embattled real estate company as it seeks new investors amid looming debt maturities.
