SBB sells 1.16% of education unit, receives $700 mln as part of loan repayment
Sept 24 (Reuters) – Swedish property group SBB (SBBb.ST) on Sunday divested 1.16% of its education subsidiary EduCo to Brookfield Super-Core Infrastructure Partners for around 242 million Swedish crowns ($21.73 million) and become a minority owner. SBB added that EduCo will repay part of its inter-company loan from SBB, resulting in the Stockholm-based company receiving … Read more