OX2 shares slide after Altor sells 4.6% stake at discount
10/06/2022 08:57
** Shares in OX2 OX2SE.ST fall 10% after Altor sold on
Thursday a 4.6% stake in the Swedish wind and solar farms
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** Xygen Holding, a company owned by Altor Equity Partners,
sold 12.5 million shares at a price of SEK 80 per share, which
represented a 12% discount to OX2's last closing price
** Prior to transaction Altor's interest in OX2 was of about
16.7%
** The stock is set for its worst day in almost two months,
with today's losses wiping off SEK 2.5 billion ($252.80
million)from the company's market cap
($1 = 9.8892 Swedish crowns)
(Reporting by Jagoda Darlak)
((jagoda.darlak@tr.com))