Balder keeps its shareholding in Entra

Today Castellum AB made public, the intention to submit a mandatory offer to acquire shares in Entra ASA. Fastighets AB Balder (publ) recognises the offer but will keep its shareholding and does not intend to make a counteroffer.

”Entra is a well-managed company with many fine properties and we are very pleased with our shareholding. We recognise Castellum’s offer to acquire shares, but we keep our position and will not submit a counteroffer,” says Balder’s CEO Erik Selin.

Balder’s participating interest in Entra ASA is close to 40 percent.

For further information, please contact:
Erik Selin, CEO, tel. +46 (0)31-10 95 92, erik.selin@balder.se
Ewa Wassberg, CFO, tel. +46 (0)31-351 83 99, ewa.wassberg@balder.se
Jonas Erikson, IR, tel. +46 (0)76-765 50 88, jonas.erikson@balder.se

Fastighets AB Balder (publ) is a listed property company that owns, manages and develops residential and commercial properties in Sweden, Denmark, Finland, Norway, Germany and the United Kingdom. The head office is located in Gothenburg. As of 31 December 2024, the property portfolio had a value of SEK 223.2 billion. The Balder share is listed on Nasdaq Stockholm, Large Cap.