Home » today » Technology » Stenhus Fastigheter’s Mandatory Bid for Backaheden Shares Results in 61% Control

Stenhus Fastigheter’s Mandatory Bid for Backaheden Shares Results in 61% Control

Published October 16, 2023

On September 14, the real estate company Stenhus Fastigheter submitted a mandatory bid of SEK 66 per share in cash for all shares in Backaheden. The registration period in the offer expired on 13 October. The outcome shows that Stenhus controls 61 percent of the capital and votes in Backaheden. Stenhus has decided not to extend the acceptance deadline. This is stated in a press release.

Before the mandatory bid, Stenhus owned 42.2 percent of the capital and votes in Backaheden. Shareholders corresponding to 18.7 percent of the shares in Backaheden have accepted the binding offer, which adds up to Stenhus controlling 61 percent of the shares.

Stenhus completes the binding bid, which has now ended. Payment of consideration for the shareholders who have accepted the offer is expected to begin around October 18.

Henrik Ohlin
[email protected], 0703-21 06 99
News agency Finwire

2023-10-16 11:33:02
#Stenhus #Fastigheter #controls #percent #shares #Backaheden #mandatory #bidding

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.