Completion of SBB's sale of properties for SEK 4.9bn to Nyfosa takes place today
As previously announced, on 10 June 2020, Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) signed an agreement for the sale of office properties totalling SEK 4.9bn to Nyfosa AB (“Nyfosa”). The transaction was conditional upon financing and approval from the Swedish Competition Authority (the “Competition Authority”). On 30 June 2020, Nyfosa announced that the financing condition had been resolved, and the Competition Authority has now announced a positive clearance. Hence, the transaction can be completed and closing will take place today. “This sale is an important component in our