PPI Public Property Invest launches cash-and-stock bid for Preservium Property at SEK 69 a share
Bitget2026/09/29 09:58- PPI Public Property Invest launched a bid for all outstanding shares in Preservium Property.
- Consideration mixes stock and cash: 2.7 PPI shares for 70% of tendered shares, SEK 69 cash for 30%.
- Mix-and-match feature allows holders to shift toward more stock or more cash, subject to offsetting elections.
- PPI pegged the offer at SEK 69 per Preservium share, valuing the deal at about SEK 319.8 million at NAV.
- Using PPI’s Sept. 28 close of SEK 16.58, implied value falls to about SEK 240.5 million, a roughly 8.6% premium.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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