Final Award in Favour of Heimstaden AB (publ) in Arbitration Case Against Alecta
Heimstaden AB (publ) can report that a final award has been issued today in respect of the arbitration proceedings between Alecta Tjänstepension Ömsesidig and Heimstaden Investment AB, a wholly owned subsidiary of Heimstaden AB (publ), under the Shareholders Agreement pertaining to Heimstaden Bostad AB (publ).The arbitral tribunal has in its final award decided in favour of Heimstaden, confirming that there has been no breach of the non-compete undertaking in the Shareholders Agreement.
Co-CEO of Heimstaden AB (publ) Christian Fladeland comments:
- “We are pleased that the arbitral