Akelius Residential Property AB (publ) (OM:AKEL D) agreed to acquire a 11.6% stake in Castellum AB (publ) (OM:CAST) from M2 Asset Management AB (publ) for SEK 4.6 billion on October 6, 2022. Akelius will pay SEK 115 cash per share for 40 million shares, representing 11.57% stake in Castellum. Following this transaction, M2 Asset Management will be holding 6.63% stake and Akelius Residential will old 11.57% stake in Castellum.

The settlement is expected to take place on October 10, 2022.