PPI Public Property Invest AB (publ) has announced a public takeover offer to the shareholders of Preservium Property AB.
The Offer values each common share in Preservium at SEK 69, corresponding to a total offer value of approximately SEK 320 million. The consideration consists of a combination of common shares in PPI and cash, with a so-called Mix & Match Facility allowing shareholders flexibility to elect between share and cash consideration.
Preservium’s shares are admitted to trading on Spotlight Stock Market and PPI’s shares are admitted to trading on Nasdaq Stockholm and Euronext Oslo Børs.
Read more here.
Wigge’s team consist of Henrik Fritz (Partner), Carl Hedström Klarin (Senior Associate), Julia Kihl (Associate) and Ida Svensson (Associate).
