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Aker ASA Subsidiary Completes Strategic Share Exchange with SBB

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Aker ASA Subsidiary Completes Strategic Share Exchange with SBB

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An announcement from Aker ASA ( (AKAAF) ) is now available.

Aker Property Group AS, a subsidiary of Aker ASA, has completed a share exchange transaction involving its subsidiary APG Invest AS and Samhällsbyggnadsbolaget i Norden AB (SBB). This transaction results in APG holding a significant portion of SBB’s voting rights, marking a strategic move following necessary Foreign Direct Investment clearances.

The most recent analyst rating on (AKAAF) stock is a Hold with a NOK620.00 price target. To see the full list of analyst forecasts on Aker ASA stock, see the AKAAF Stock Forecast page.

More about Aker ASA

Average Trading Volume: 39,050

Current Market Cap: NOK49.33B

For an in-depth examination of AKAAF stock, go to TipRanks’ Overview page.

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