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New Deal


Announced

Completed

OBOS BBL completed the acquisition of a 6.5% stake in NCC from Nordstjernan for $74m.

Financials

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Transaction Value£60m
Consideration TypeCash
Capital Owned-
Capital Bid For7%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Domestic

Friendly

Private

Single Bidder

Acquisition

Minority

Completed

property development

Sweden

Business Process Outsourcing

Synopsis

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OBOS BBL, a real estate service provider, completed the acquisition of a 6.5% stake in NCC, a construction services provider, from Nordstjernan, a private equity firm, for $74m. "The investment is in line with our strategy of being able to actively invest in construction companies and other companies that create financial returns and strategic opportunities for OBOS," Daniel Kjørberg Sira, OBOS CEO.

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