Torslanda Property Investment AB (publ) (OM:TORSAB) agreed to acquire six properties in Torslanda from Söderport Fastigheter AB for SEK 2.3 billion on July 10, 2019. TPI pays SEK 965 million of the purchase price in terms of newly issued TPI shares. The transaction is subject to approval by the Extraordinary General Meeting of TPI, whereby the Board of Directors and shareholders representing about 21% of the voting rights have announced that they are positive to the transaction. The Extraordinary General Meeting is expected to take place on August 22, 2019. At the Extraordinary General Meeting on August 22, 2019, the transaction was approved and the condition for the transaction is thus fulfilled. Closing date is expected to take place on October 1, 2019. Johan Hessius, Maria Arnoldsson, Jesper Johansson, Joel Sandin Persson, Joakim Blecher and Johanna Permatz of Cirio acted as legal advisor Söderport Fastigheter AB. Torslanda Property Investment AB (publ) (OM:TORSAB) cancelled the acquisition of six properties in Torslanda from Söderport Fastigheter AB on July 10, 2020.