Announced

Completed

SBB and Castlelake formed a joint venture in a SEK5.7bn deal.

Synopsis

SBB, a social infrastructure property company, and Castlelake, an alternative investment manager, formed a joint venture in a SEK5.7bn deal. "The transaction confirms the underlying value of our portfolio. The cash proceeds provide us with further financial flexibility to implement proactive and strategic measures in a structured and thoughtful way," Leiv Synnes, SBB CEO.

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