Bonava completes divestment of its operations in Norway and publishes restated financial statements
On 12 June 2023 Bonava announced that an agreement had been reached to sell its Norwegian operations to Union Residential Development. The transaction is now completed and restated financial statements have been published on Bonava’s website.The divestment of the Norwegian operations to Union Residential has been completed, following the approval from Norwegian authorities. The purchase price of 1,5 bn SEK will be paid in tranches, with 0,8 bn SEK paid at completion of the deal. As previously communicated the divestment has a negative effect of 0,7 bn SEK on Bonava’s net profit, which will