JM completes selling its stake in Småa AB
JM has, as previously communicated, signed an agreement with Alm Equity AB for the sale of all of JM’s shares in Småa AB. The condition in the agreement is now fulfilled, stating that a significant proportion of the remaining shareholders of Småa AB is required to sell its participations. Occupancy and payment is completed during the first quarter 2017. The sale results in earnings of SEK 275m which will be reported as financial income during the first quarter 2017.