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PPI Public Property Invest Offers SEK320 Million for Preservium Property

MT Newswires·09/29/2026 03:48:27
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03:48 AM EDT, 09/29/2026 (MT Newswires) -- PPI Public Property Invest (PUBLI.ST, PUBLI.OL) is offering 69 kronor for every share of Preservium Property (PRESRV.ST), valuing the Stockholm-listed real estate company at 319.8 million kronor. The Nordic property company will issue up to 8,721,094 common shares and 95.9 million kronor in cash under the offer, with a consideration alternative. The acceptance period for the proposal will run from Nov. 6 through Dec. 7. Completion of the acquisition is subject to closing conditions.