RNB CLOSES DIVESTMENT OF POLARN O. PYRET
RNB Retail and Brands AB has today closed the divestment of Polarn O. Pyret to Procuritas. RNB Retail and Brands AB has previously announced the process to separate the group subsidiaries with the aim to ultimately divest the subsidiaries to stable and suitable owners. The divestment of Polarn O. Pyret, announced on March 10, 2021, has now been approved by RNB Retail and Brand’s bondholders and the Swedish Competition Authority. Following the approvals, RNB Retail and Brands AB today closed the divestment. The buyer is the private equity investor Procuritas. Following a SEK 40 million