trending Market Intelligence /marketintelligence/en/news-insights/trending/yygxabr7nhtab6dx9iflqw2 content esgSubNav
In This List

Klövern acquiring Tobin Properties shares


S&P Capital IQ Pro | Unrivaled Sector Coverage


S&P Capital IQ Pro | Powering Your Edge

S&P Capital IQ Pro | Powered by Expert Insights


Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud

Klövern acquiring Tobin Properties shares

Swedish real estate company Klövern AB agreed to acquire 3,237,500 ordinary shares in its Tobin Properties AB subsidiary for 17 Swedish kronor per share.

The shares are being acquired through the company's Dagon Sverige AB subsidiary, which signed an agreement with Tobin Properties' departing CEO Erik Karlin and board member and head of transactions Johan Varland.

Following the acquisition, Klövern will own 69.8% of Tobin Properties' shares and 71.3% of its voting rights.

Dagon initially launched an offer for Tobin Properties in February.

As of Aug. 31, US$1 was equivalent to 9.16 Swedish kronor.