Sweden's SBB weighs IPO of US$3.4b residential unit
newscatcher
2023-08-04 15:38
Sweden's SBB weighs IPO of US$3.4b residential unit
SBB, the embattled developer at the center of Sweden's property crisis, is considering carving out its entire residential business with a portfolio of 36.5 billion kronor (US$3.4 billion) for an initial public offering (IPO), according to a person familiar with the matter.   Samhallsbyggnadsbolaget i Norden AB - as the company is formally known - has asked SEB AB to explore options for a potential listing either in the fourth quarter of this year or the first half of 2024, the person said, asking not to be identified as the discussions are private.

http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-08-04-story-h-243742762-Sweden_s_SBB_weighs_IPO_of_US_3_4b_residential_unit

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