Announced
Financials
Sources
Tags
Single Bidder
Sweden
Real Estate Holding and Development
Friendly
Pending
real estate development
Majority
Tender Offer
Acquisition
Domestic
Public
Synopsis
Aros Bostad, a real estate company, agreed to acquire Besqab, a real estate development firm, for $178m. "Through its significantly larger size, the merged company will have a stronger market position and also the capacity to take additional market shares. A merger will mean economies of scale regarding costs for a listed company and central administration. The merger is expected to result in a broader and more attractive customer offer," Aros Bostad.
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