OBOS Acquires 6.5% Stake and 23.1% Voting Rights in NCC from Nordstjernan
December 6, 2022
Norwegian property developer OBOS has purchased 5 million Class A and 2 million Class B shares in Nordic construction company NCC from Nordstjernan for SEK 772.5 million (approx. SEK 110 per share), acquiring about 6.5% of capital and 23.1% of votes. Nordstjernan remains a significant owner after the transaction; OBOS says it will assume an active role alongside Nordstjernan and NCC's board and management to develop the business.
- Buyers
- OBOS
- Targets
- NCC
- Sellers
- Nordstjernan AB
- Industry
- Construction
- Location
- Sweden
- Transaction Type
- Divestiture
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