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Aker ASA ( (AKAAF) ) has provided an announcement.
Aker ASA’s subsidiary, APG Invest AS, has significantly increased its stake in Public Property Invest ASA (PPI) following the completion of a major transaction. This acquisition, which involves a substantial investment in class A and non-voting class B shares, positions PPI as the largest listed social infrastructure real estate company in Europe, with a property portfolio valued at approximately NOK 53 billion.
The most recent analyst rating on (AKAAF) stock is a Hold with a NOK815.00 price target. To see the full list of analyst forecasts on Aker ASA stock, see the AKAAF Stock Forecast page.
More about Aker ASA
Aker ASA is a prominent player in the investment sector, with a focus on industrial holdings and financial investments. Through its subsidiary APG Invest AS, Aker ASA engages in strategic acquisitions and investments, particularly in the real estate and infrastructure sectors.
Average Trading Volume: 56,219
Current Market Cap: NOK55.27B
See more insights into AKAAF stock on TipRanks’ Stock Analysis page.