tiprankstipranks
Trending News
More News >

ININ Group AS Considers Divestment of Qben Rail Platform

Story Highlights

Protect Your Portfolio Against Market Uncertainty

The latest update is out from Elop AS ( (DE:72G) ).

ININ Group AS, majority owned by Qben Infra AB, has signed a letter of intent to potentially divest the Qben Rail platform to an undisclosed buyer, valuing it at SEK 800-850 million. This move highlights Qben Rail’s strong market position and the promising growth drivers in the rail construction and maintenance sector, potentially resulting in attractive equity returns for ININ Group if the transaction proceeds.

More about Elop AS

ININ Group AS is a listed investment company focused on infrastructure and industry services niches in the Nordics. The company creates value by identifying investment opportunities within profitable niches with potential for development, consolidation, and growth, working in collaboration with platform companies to deliver sustainable growth and superior profitability.

Average Trading Volume: 21,213

Current Market Cap: NOK308.6M

For a thorough assessment of 72G stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App