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New Deal


Announced

Aros Bostad to acquire Besqab for $178m.

Financials

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Transaction Value£140m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Sweden

Real Estate Holding and Development

Friendly

Pending

real estate development

Majority

Tender Offer

Acquisition

Domestic

Public

Synopsis

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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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