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New Deal


Announced

Balder to acquire the remaining stake in Entra at a $4.32bn valuation.

Financials

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Transaction Value£3,202m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Friendly

Mandatory Offer

Pending

Acquisition

Single Bidder

Majority

Public

Real Estate Services

real estate company

Norway

Synopsis

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Balder, a Sweden-based company engaged in the acquisition, development and management of residential and commercial real estate, offered to acquire the remaining stake in Entra, a Norwegian real estate company, at a $4.32bn valuation. The offer period is from and including November 9, 2021on December 7, 2021. Balder offers $23.64 per share.

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