Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) has today, on 9 November 2021, entered into an agreement to acquire 51,106,538 shares corresponding to 62.65% percent of the shares in Solon Eiendom ASA (“Solon”) for a total purchase price of NOK 2,248,687,672. The transaction is financed in half through an issue of 17,035,513 Class B shares at a subscription price of SEK 66 per share, and the remaining part SEK 1,124,343,836 is financed by SBB realising certain financial assets.

Arctic Securities are acting as financial advisors to SBB and Advokatfirmaet Thommessen AS is acting as Norwegian legal counsel to SBB. ABG Sundal Collier ASA are acting as financial advisor to the Sellers and Advokatfirmaet Schjødt AS is acting as legal counsel to the Sellers.

Completion of the acquisition is intended to take place on 24 November 2021.

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