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Storskogen Group AB Class B ( ($SE:STOR.B) ) has provided an update.
Storskogen Group AB has successfully issued SEK 1,000 million in senior unsecured bonds to finance the early redemption of its existing bonds due in 2025 and for general corporate purposes. This strategic financial move, supported by strong investor trust, positions Storskogen to enhance its long-term value through organic and acquired growth, with plans to list the bonds on Nasdaq Stockholm.
The most recent analyst rating on ($SE:STOR.B) stock is a Hold with a SEK10.50 price target. To see the full list of analyst forecasts on Storskogen Group AB Class B stock, see the SE:STOR.B Stock Forecast page.
More about Storskogen Group AB Class B
Storskogen is an international conglomerate that operates across trade, industry, and services sectors. The company focuses on acquiring and developing leading small and medium-sized businesses in selected industries, with a long-term ownership strategy. Storskogen employs approximately 11,000 people and generates net sales of SEK 33 billion. It is publicly listed on Nasdaq Stockholm.
Average Trading Volume: 3,643,211
Technical Sentiment Signal: Sell
Current Market Cap: SEK15.76B
See more data about STOR.B stock on TipRanks’ Stock Analysis page.