SBB CEO Sees Aker Deal Being Welcomed by Landlord's Creditors
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Landlord SBB and the property unit of Norway's Aker ASA have struck a deal that will bring benefits to the Swedish property group in the form of a major new shareholder and a lower leverage ratio.
That's the view of SBB Chief Executive Officer Leiv Synnes who spoke to Bloomberg shortly after the companies separately announced that Aker Property Group had agreed to acquire stakes in both SBB and Public Property Invest AS — the Norwegian property group where SBB is the majority shareholder.
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