Peab acquires shares in Lemminkäinen
Peab disposes 2,080,225 shares of Lemminkäinen Oy, representing 10.59 percent of the capital and votes.The deal was done through direct purchase of 1,140,225 shares on NASDAQ OMX Helsinki, and signed by futures contracts for the purchase of 940,000 shares.- We got the opportunity to acquire a major block of shares in Lemminkäinen and at the current price level, we see the share as an attractive financial investment with good expected yields. We make this deal because we believe in a good long-term development in the Nordic construction market, says Peab's CEO Jan Johansson in a