Heimstaden Investment AB Sells Shares in Heimstaden Bostad AB
Today, Heimstaden Investment AB, a wholly owned subsidiary of Heimstaden AB, has entered into a sales agreement to sell shares in Heimstaden Bostad AB for a total cash consideration of SEK 1.15 billion. On 27th February 2023, Heimstaden Bostad announced a tender offer to repurchase senior unsecured bonds partly financed with firm equity capital commitments from several shareholders, up to a maximum amount of SEK 4.5 billion, subject to the outcome of the tender offer. The results of the tender offer were announced today, and a residual equity commitment was not utilized due to the