7 July 2015
Gernandt & Danielsson advises Sterner Stenhus in connection with the divestment of real estate properties to Amasten Holding AB (publ)
Gernandt & Danielsson advises Sterner Stenhus Fastigheter AB, jointly owned by Sterner Stenhus Förvaltning AB and Kvalitena AB, in connection with the divestment of real estate properties in Strängnäs, Sala, Järna and Skinnskatteberg to Amasten Holding AB (publ).
The aggregate underlying property value is MSEK 291 and the preliminary purchase price for the shares in the real estate holding companies amount to in total approximately SEK 110,400,000. Approximately SEK 81,400,000 of the total purchase price is intended to be paid in new shares in Amasten. The transaction is conditional upon, inter alia, that the resolution to authorise the board of directors to resolve on a share issue by the extraordinary shareholders' meeting in Amasten on 23 June 2015 is registered with the Swedish Companies Registration Office. Closing is expected to occur in the beginning of the fourth quarter 2015.
Gernandt & Danielsson's team is led by Senior Associate Caroline Jägenstedt Wikman and also consist of Senior Associate Daniel Gutman and Associate Philip Rämsell. Responsible Partner is Marcus Johansson.