Poolia founder Oras sells entire stake to Swedish billionaire Olofsson
27/07/2020 07:31
STOCKHOLM, July 27 (Reuters) - Poolia's POOLb.ST founder
and controlling shareholder, Bjorn Oras, has sold all his shares
in the staffing firm to Danir Resources, owned by billionaire
entrepreneur Dan Olofsson, the Swedish company said late on
Sunday.
Oras, who owned 47.3% of the company's shares and 71.8% of
the votes, sold the stake at 5.87 Swedish crowns per share in a
deal worth around 130 million crowns ($14.8 million), Poolia
said.
The deal with Oras, who founded the firm in 1989, is
expected to close within a few months.
Danir Resources intends to offer the same price to buy out
other Poolia shareholders.
Poolia, which operates in Sweden, Norway, Finland and
Germany and merged with Uniflex in 2018, made an operating
profit of 2.1 million crowns in the second quarter on sales of
345 million.
The firm said in March it was withdrawing its dividend
proposal of 0.50 crowns per share due to uncertainty related to
the coronavirus pandemic.
Poolia shares closed at 5.20 crowns on Friday.
($1 = 8.7962 Swedish crowns)
(Reporting by Helena Soderpalm, editing by Louise Heavens)
((helena.soderpalm@thomsonreuters.com; +46 8 700 10 15; Reuters
Messaging: helena.soderpalm.reuters.com@reuters.net))