Brief: PPI To Acquire Social Infrastructure Properties
21/09/2026 08:09
BRIEF-PPI To Acquire Social Infrastructure Properties Sept 21 (Reuters) - Ppi Public Property Invest publ AB PUBLI.ST:
HAS ENTERED INTO AGREEMENTS TO ACQUIRE SOCIAL INFRASTRUCTURE PROPERTIES WITH A TOTAL AGREED PROPERTY VALUE OF SEK 1.35 BILLION AND WILL CONVENE AN EXTRAORDINARY GENERAL MEETING
AGREED PROPERTY VALUE IS SEK 1.35 BILLION WITH SEK 88 MILLION DEDUCTED FOR PROJECT COSTS
DEAL MADE AT ABOUT 3% DISCOUNT BASED ON SBB'S EXTERNAL VALUATIONS
NET CONSIDERATION OF SEK 1.263 BILLION SETTLED BY 39,453,642 NEW SHARES AND SEK 250 MILLION CASH
DEAL EXPECTED TO BE COMPLETED IN Q4 2026
Source text: ID:nMFN4R0k9P
Further company coverage: PUBLI.ST
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