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CLS looks to sell stake in Swedish property company Catena

CLS Holdings PLC is looking to sell its entire shareholding in Swedish real estate company Catena AB.

CLS unit Endicott Sweden AB engaged ABG Sundal Collier to explore a sale of up to 3,971,349 shares in Catena.

The per-share price will be decided through an accelerated book-building process that started Sept. 2.

ABG is the sole book runner for the proposed offering.