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New Deal


Announced

Completed

Balder completed the acquisition of a 5% stake in Entra.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For5%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Completed

Cross Border

Public

Real Estate Services

real estate company

Norway

Single Bidder

Acquisition

Friendly

Synopsis

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Balder, a Swedish real estate firm, completed the acquisition of a 5% stake in Entra, a Norwegian real estate company. Financial terms were not disclosed. “We prefer Entra to remain a listed company on the Oslo Bourse. We see Entra as a long-term investment and do not plan to bid for the whole company,” Erik Selin, Balder Chief Executive.

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