Letter of intent regarding new partner in Klövern - intends to invest approximately SEK 4,350 million
Corem Property Group, ALM Equity and Broskeppet Bostad, which together own the housing company Klövern, have today signed a letter of intent with an international investor that the latter intends to acquire 25 percent of the shares in Klövern to a value of approximately SEK 1,350 million. In addition, the international investor intends to invest up to SEK 3,000 million in new issues in Klövern to fund the construction of planned projects, and in that case will come to own just over 51 percent of the shares in Klövern. The agreement enables the completion of Klövern's project portfolio