Brief: SBB Conducts Strategic Review Of Its Holding In JM

JM AB

13/06/2022 07:33

June 13 (Reuters) - Samhallsbyggnadsbolaget I Norden AB
 SBBb.ST :
    * SBB CONDUCTS A STRATEGIC REVIEW OF ITS HOLDING IN JM
    * VALUE ASSESSMENT SHOWS THAT VALUE OF JM'S ASSETS
PRELIMINARY
AMOUNTS TO APPROXIMATELY SEK 36 BILLION
    * REVIEW WILL EXAMINE VARIOUS ALTERNATIVES FOR HOLDING,
INCLUDING
BOTH REDUCTION AND INCREASE, EITHER ALONE OR TOGETHER WITH ONE
OR MORE EXTERNAL PARTNERS
    * ACQUIRED 20.08 % OF SHARES IN JM IN JUNE 2021 AND
CURRENTLY
CONTROLS 29.96 % OF CAPITAL AND VOTES
    * DURING SPRING, SBB HAS RECEIVED A NUMBER OF INQUIRIES FROM
EXTERNAL PARTIES REGARDING JM HOLDING

Source text for Eikon:  ID:nWkr8BDJRc 
Further company coverage:  SBBb.ST 

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