Nyfosa has announced that the financing condition regarding SBB's sale of properties for SEK 4.9bn to Nyfosa has been resolved
As previously announced, on 10 June 2020, Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) signed an agreement for the sale of office properties totalling SEK 4.9bn to Nyfosa AB (“Nyfosa”). The transaction is conditional upon financing and approval from the Swedish Competition Authority (the “Competition Authority”). Nyfosa has today announced that they have acquired necessary bank loans, therefore the financing condition is resolved. A positive Competition Authority approval is expected during July. Closing is scheduled to take place as soon as possible after the Competition