Blackstone to Acquire Large Stake of D Carnegie

Sweden — In July, Blackstone announced that agreements regarding 32 percent of the share capital and 40 percent of the voting rights in D Carnegie had been reached.<br /> Now, the conditions set out in the agreeements have been filled.

2016-08-25

The sellers are three of D. Carnegie & Co:s largest shareholders; Kvalitena AB, Svensk Bolig Holding AB and Frasdale Int. BV.

The share price is SEK 100.

Blackstone announces that the full completion of the transactions, which might occur in steps, is expected to occur by early November and that the transactions will, when fully completed, result in Blackstone passing the threshold for a mandatory offer obligation. Blackstone will revert with further information regarding a possible mandatory tender offer in connection with the completion of the transactions.

Nicklas Tollesson

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