Ilija Batljan.
Image: David Schmidt/Pixprovider
Sweden —
SBB has now received clearance from the Swedish Competition Authority (Sw. Konkurrensverket) to acquire Hemfosa. As a result, completion of the Offer is no longer conditional upon receipt of regulatory clearances, but remains subject to other conditions as set out in the offer document regarding the Offer.
The last day to accept the Offer is 20 December 2019. Assuming that the Offer is declared unconditional no later than around 23 December 2019, settlement is expected to begin around 3 January 2020.
SBB reserves the right to extend the acceptance period for the Offer and to postpone the settlement date.
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