SBB sells its holding in Entra for NOK 3,139m and stops the plans for secondary listing on Oslo Stock Exchange
Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) has today divested 14,947,109 shares in Entra ASA (”Entra”) at a price of NOK 210 per share to Castellum, corresponding to NOK 3.14bn The sale represents approximately 10% return during the time of the holding, corresponding to an annual return of 20%. SBB has also decided to stop the planned secondary listing of the company's ordinary shares of series B on the Oslo Stock Exchange, as there are currently no conditions to achieve a satisfactory liquidity. ”With this sale, we put an end to SBB’s interest for Entra and I must say that