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Announced

Samhällsbyggnadsbolaget i Norden to acquire a 70% stake in Unobo from Riksbyggen for $803m.

Synopsis

Samhällsbyggnadsbolaget i Norden, a property company engaged in social infrastructure, agreed to acquire a 70% stake in Unobo, a property company, from Riksbyggen, a Swedish housing company, for $803m. "We are very much looking forward to a long-term collaboration with Riksbyggen where Riksbygg's strong development competence and good relations with the municipalities will ensure that Unobo becomes one of the leading housing players in Sweden," Ilija Batljan, Samhällsbyggnadsbolaget CEO and Founder.

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