On 20 December 2021, SBB announced a mandatory public cash offer to the shareholders of Amasten on the back of previous announcements of share purchases, through which SBB had come to control approximately 81 per cent of Amasten. These transactions triggered a mandatory offer by SBB to tender all shares in Amasten at a price of SEK 13.3 per common share and SEK 350.0 per preference share. The full value of the offer amounts to approximately SEK 10,271 million. On 21 December, SBB announced that the offer was unconditional following approval from the competition authorities. Subsequently, SBB announced on 12 January that the company had gained control of 93.4 per cent of the votes in Amasten. SBB expects significant synergies from the transaction and welcomes the tenants of Amasten to SBB, the leading property owner of social infrastructure in the Nordics. ABG Sundal Collier acts as financial advisor to SBB in the transaction, for which the acceptance period expires on 18 January.
Contact