MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Catella AB (publ)    CAT B   SE0000188518

CATELLA AB (PUBL)

(CAT B)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Catella : Athanase's acquisition of the shares in Catella Fondförvaltning AB completed

share with twitter share with LinkedIn share with facebook
09/22/2020 | 09:18am EDT

In accordance with a press release on June 10, 2020, Athanase Industrial Partners ("Athanase") acquisition of 70 percent of the shares in Catella Fondförvaltning AB from Catella AB (publ) was subject to customary regulatory approvals by the Swedish Financial Supervisory Authority and CSSF in Luxembourg. All approvals have now been obtained and the acquisition has been completed.

The final consideration amounts to SEK 140 million and the total effect on profit after tax, including transaction costs, amounts to SEK -9 million of which costs of SEK 7 million were reported during the first half of 2020. The effect on profit after tax, including transaction costs, amounts to SEK -2 million during the third quarter 2020.

The strategic partnership between Catella and Athanase, through which Catella Fund Management AB intends to develop and improve the customer offering, is ongoing. During January 2022 Catella has the right to divest and Athanase the right to acquire the remaining 30 percent of the shares for a purchase price of SEK 60 million.

For further information, please contact:                    

Niklas Bommelin
Investor Relations
+46 8 463 34 26, +46 768 91 12 40
niklas.bommelin@catella.se

Catella is a leading specialist in property investments and fund management, with operations in 14 countries. The group has assets under management of approximately SEK 150 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com (http://www.catella.com).

                            

https://news.cision.com/catella/r/athanase-s-acquisition-of-the-shares-in-catella-fondforvaltning-ab-completed,c3200804

https://mb.cision.com/Main/1744/3200804/1309367.pdf

(c) 2020 Cision. All rights reserved., source Press Releases - English


share with twitter share with LinkedIn share with facebook
All news about CATELLA AB (PUBL)
10/15CATELLA : Nordic Market Tracker 2020
PU
10/06ARTICLE REFI : Catella Residential lines up €200m for pan-European fund
PU
10/05CATELLA : Dutch Residential Fund II buys Gerlachus Senior Living Complex in Maas..
PU
10/01CATELLA : acted as Renor's advisor in the sale of a historic office property in ..
PU
10/01CATELLA : Credit sentiment recuperates as dovish policy prevails
PU
09/30CATELLA : advisor to Wihlborgs
PU
09/23CATELLA : Athanase's acquisition of the shares in Catella Fondforvaltning AB com..
AQ
09/23CATELLA : Wohnen Europa Fund Passes €1 billion Milestone with Helsinki Residenti..
PU
09/23CATELLA : Wohnen Europa Fund Passes €1 billion Milestone with Helsinki Residenti..
PU
09/22CATELLA : Athanase's acquisition of the shares in Catella Fondförvaltning AB com..
PU
More news
Financials
Sales 2020 2 013 M 230 M 230 M
Net income 2020 45,0 M 5,15 M 5,15 M
Net cash 2020 205 M 23,4 M 23,4 M
P/E ratio 2020 41,0x
Yield 2020 4,76%
Capitalization 1 866 M 213 M 213 M
EV / Sales 2020 0,83x
EV / Sales 2021 0,78x
Nbr of Employees 578
Free-Float 39,4%
Technical analysis trends CATELLA AB (PUBL)
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
 
Mean consensus -
Number of Analysts 2
Average target price 30,00 SEK
Last Close Price 21,10 SEK
Spread / Highest target 42,2%
Spread / Average Target 42,2%
Spread / Lowest Target 42,2%
EPS Revisions
Managers
NameTitle
Per Johan Claesson President, Chief Executive Officer & Director
Kurt Jan Erik Roxendal Chairman
Christoffer Abramson Chief Financial Officer
Johan Damne Director
Joachim Hansi Gahm Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
CATELLA AB (PUBL)-19.92%213
BLACKROCK, INC.26.78%97 187
UBS GROUP AG-7.89%44 596
T. ROWE PRICE GROUP INC.21.55%33 617
BANK OF NEW YORK MELLON CORPORATION (THE)-25.15%33 381
STATE STREET CORPORATION-17.43%23 041