Brief: Aker Property Group Makes Strategic Investment In PPI

Public Property Invest ASA

13/05/2025 07:15

May 13 (Reuters) - Public Property Invest ASA PUBLI.OL:

AKER PROPERTY GROUP MAKES STRATEGIC INVESTMENT IN PPI, PPI ACQUIRES NOK 1.5 BN PORTFOLIO OF CRITICAL INDUSTRIAL INFRASTRUCTURE ASSETS

PORTFOLIO ACQUIRED IN EXCHANGE FOR 124.4 MLN NEW ORDINARY SHARES IN PPI, ISSUED AT NOK 18.69 PER SHARE

FOLLOWING COMPLETION OF TRANSACTION, AKER PROPERTY GROUP WILL OWN ABOUT 24.6% OF SHARES IN PPI, MAKING IT 2ND LARGEST SHAREHOLDER

SBB SBBb.ST WILL, VIA SBB I NORDEN AB, OWN ABOUT 33.5% OF SHARES AND VOTES IN PPI

Source text: ID:nMFN2dqXs5

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