Industrivärden sells all shares in Drott for SEK 373 M
PRESS RELEASE Industrivärden sells all shares in Drott for SEK 373 M Industrivärden has sold its entire holding in the real estate company Drott AB in a forward deal for SEK 373 M, which corresponds to SEK 95 per class A share and SEK 72 per class B share. The purchaser is Näckebro and the estimated ac- quisition date is September 21, 1998. Drott, which today is a wholly owned subsidiary of Skanska, will be distrib- uted to Skanska's shareholders and listed on the O-list of the Stockholm Stock Exchange on September 24, 1998. As a result of this forward deal with Näcke- bro, Industrivärden is divesting its entire ownership stake of 14.9 percent of the voting rights and 3.8 percent of the share capital in Drott. Stockholm, Sweden, September 4, 1998 AB INDUSTRIVÄRDEN (publ.) For further information, please contact: Clas Reuterskiöld, President and CEO of Industrivärden