SBB divests 1.16 per cent of EduCo to Brookfield for approximately SEK 242 million ((EUR 22 million) and becomes a minority-owner. EduCo will repay part of its inter-company loan from SBB, resulting in SBB receiving approximately SEK 7.8 billion (EUR 711 million) in cash. SBB today also decided on a decentralised group structure that enhances transparency and funding options.
“I am very pleased to present a significant liquidity injection and a continued strong collaboration with Brookfield. Furthermore, SBB is establishing a decentralised group structure that positions SBB for further strengthening of its balance sheet, and in the long-term, for continued growth. The Board of Directors now concludes its strategic review and SBB now shifts its focus towards execution,” says Lennart Schuss, Chairman of the Board of Directors of SBB.