F. Holmström Fastigheter and Areim to acquire 43,63% stake in Magnolia Bostad for $339m.

Real estate services companies F. Holmström Fastigheter and Areim agreed to acquire 43,63% stake in Magnolia Bostad, a housing developer, for $339m. "FHH currently has no intentions regarding the Company's or FHH's employees and management and assesses that the realization of its current intentions or the plans stated above in respect of Magnolia Bostad's operations will not have any significant effects on employees and management, including the terms of employment, in the merged group, or the places in which Magnolia Bostad conducts business. Thus, there are no concrete plans that could have such significant effects as just mentioned," F. Holmström Fastigheter.