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Bilia AB Class A ( ($SE:BILI.A) ) has issued an announcement.
Bilia AB has announced the acquisition of Jaguar and Land Rover operations from Sandven AS in Norway, expanding its existing operations in the region. The acquisition, valued at approximately NOK 75 million, is expected to enhance Bilia’s market presence in Norway, complementing its current operations in Oslo, Kristiansand, and Fredrikstad, and is anticipated to be completed by September 20, 2025, pending regulatory approval.
The most recent analyst rating on ($SE:BILI.A) stock is a Buy with a SEK145.00 price target. To see the full list of analyst forecasts on Bilia AB Class A stock, see the SE:BILI.A Stock Forecast page.
More about Bilia AB Class A
Bilia is one of Europe’s largest full-service suppliers for car ownership, with a strong focus on servicing and sales of cars, transport vehicles, and trucks. The company provides a wide range of services including service, repair, fuel, car wash, rental cars, and more, operating approximately 170 facilities across Sweden, Norway, Luxembourg, and Belgium.
YTD Price Performance: -0.31%
Average Trading Volume: 98,672
Technical Sentiment Signal: Sell
Current Market Cap: SEK10.57B
See more insights into BILI.A stock on TipRanks’ Stock Analysis page.