Public Property Invest acquisition of social infrastructure portfolio nears completion
Public Property Invest ASA (PPI) has announced that all remaining conditions for its acquisition of a social infrastructure portfolio from Samhällsbyggnadsbolaget i Norden AB (SBB) have been fulfilled. This follows the approval granted by SBB's extraordinary general meeting today, 11 December 2025, where all necessary resolutions for the transaction were made. PPI's own extraordinary general meeting had previously approved the acquisition on 9 December 2025.
With these approvals, the significant transaction is now set to proceed to closing. Save for customary conditions to be fulfilled at closing, all prerequisites have been met.
The company expects the transaction to be formally completed on or about 16 December 2025, marking a key milestone for Public Property Invest. Andre Gaden, chief executive, is listed as the contact for further information.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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