Aareon AG has, through Mary BidCo AB, entered into binding agreements to acquire approximately 93 per cent of the shares in Momentum Software Group AB
This press release is not an offer to acquire shares. Aareon AG[1] has, through Mary BidCo AB[2] ("Mary BidCo"), entered into binding agreements to acquire 15,489,152 shares in Momentum Software Group AB ("Momentum" or the "Company"), corresponding to a holding of approximately 93 per cent of the shares and votes in Momentum, at a price of SEK 108 per share, valuing Momentum, based on all outstanding shares, at approximately SEK 1,797 million. Momentum provides modern platforms that digitalize and simplify everyday life for property owners and their tenants. The Company develops,