Samhällsbyggnadsbolaget i Norden AB (publ) (OM:SBB B) made an offer to acquire remaining 45.7% stake in Offentliga Hus i Norden AB (publ) (OM:OFFHUS) for SEK 1.8 billion on January 20, 2021. The bid consists of two alternatives. Either for cash or for participation in the form of D shares in SBB. Both consideration substitutes correspond to SEK15.40 per share of Offentliga Hus. The offer values all outstanding shares of Offentliga Hus at SEK 3.94 billion. As of March 3, 2021, consideration substitutes correspond to SEK 15.41 per share of Offentliga Hus. As of March 15, 2021, share offer consists of approximately 0.5 SBB class D shares and share consideration of maximum 58.5 million class D shares will be issued. As on April 6, 2021, SBB clarifies that the total consideration for each share in Offentliga Hus tendered in the offer will amount to SEK 15.66 for shareholders electing the cash consideration and approximately 0.508 Class D common shares for shareholders electing the share consideration. The cash consideration and potential fraction to be financed thought existing funds and, if so required, externally secured bank financing. The transaction is subject to relevant competition authorities. The offer is expected to start around March 16, 2021 and end around April 13, 2021. As of March 12, 2021, Samhällsbyggnadsbolaget i Norden AB (publ) has received acceptances for 72.79% stake in Offentliga Hus i Norden AB (publ). On March 15, 2021, a prospectus, which also includes information that must be included in offer documents has been approved by the Swedish Financial Supervisory Authority. As of April 28, 2021, Samhällsbyggnadsbolaget i Norden AB has initiated compulsory acquisition due to achievement of minimum threshold of the stake. As of April 26, 2021, the offer period will run up to April 29, 2021. Nordea Bank Abp acted as financial advisor to Samhällsbyggnadsbolaget i Norden AB (publ).

Samhällsbyggnadsbolaget i Norden AB (publ) (OM:SBB B) completed the acquisition of remaining 45.7% stake in Offentliga Hus i Norden AB (publ) (OM:OFFHUS) on April 29, 2021.