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Announced

Completed

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

Synopsis

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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