trending Market Intelligence /marketintelligence/en/news-insights/trending/zWwGPNUaW-WQot7J4Pi0BA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Heimstaden Bostad to get new owners in 7.2B-Swedish-kronor rights issue

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools


Heimstaden Bostad to get new owners in 7.2B-Swedish-kronor rights issue

Swedish property company Heimstaden Bostad AB (publ) plans a cash rights issue of approximately 7.2 billion Swedish kronor on Jan. 7, 2020.

An investor group including Folksam AB, Folksam Ömsesidig Livförsäkring, Folksam ömsesidig sakförsäkring and KPA Pension AB will become new owners of Heimstaden Bostad after subscribing to roughly 4 billion kronor of the rights issue, with Heimstaden Investment AB to subscribe to the rest. Following the subscription, the Folksam group will hold a 7% stake in Heimstaden Bostad, making it the second largest institutional investor in the company.

The Folksam group is investing parallel to other institutional investors, Alecta and the pension schemes of Ericsson and Sandvik.

As a result of the investment, Heimstaden Bostad's board will add two members, including Folksam Head of Alternative Investments Birgitta Stenmark and Heimstaden Bostad Chief Communications and Marketing Officer Karmen Mandic.

J.P Morgan Securities and DLA Piper were financial and legal advisers to Heimstaden Bostad, while DLA Piper and PWC performed legal, tax and financial due diligence.

As of Dec. 17, US$1 was equivalent to 9.38 Swedish kronor.