Sale of Inter Forward

Report this content

The EU commission has approved Ratos´ sale of the Road Division to DanTransport Holding a/s in Denmark. The deal has now been completed and Ratos has received full payment. The sale is a step in Ratos´ strategy to be an investment company without wholly-owned subsidiaries. During May information was sent out that the sale of the Rail Division within Inter Forward was completed. In line with previously-provided information, the capital gain in the Ratos Group from these two sales amounts to approximately SEK 250M. Ratos´ net asset value has increased by approximately the equivalent amount. For the remaining Division in Inter Forward, Air/Sea, negotiations are in progress with regard to divestment of this Division also. Further information will be given as soon as tangible results from these negotiations are to hand. For further information, please contact: Thomas Mossberg, acting President, tel: +46-8-700 17 00 Fredrik Sandelin, Finance Director, tel +46-8-700 17 00