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Sweco AB ( ($SE:SWEC.B) ) has shared an update.
Sweco Sverige AB, a subsidiary of Sweco AB, has announced a recommended cash offer to acquire all shares of Projektengagemang Sweden AB at SEK 15 per share. This offer represents a significant premium over recent trading prices and has been supported by major shareholders and the company’s board. The acquisition aligns with Sweco’s growth strategy to strengthen its competitiveness and expand its market presence in Sweden, particularly in architecture and community development.
The most recent analyst rating on ($SE:SWEC.B) stock is a Buy with a SEK169.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.
More about Sweco AB
Sweco AB is a leading engineering and architecture consultancy firm that operates in the fields of architecture, community development, construction, environment, and installation. The company focuses on enhancing its client offerings and expanding into new growth segments and markets, particularly in Sweden.
Average Trading Volume: 245,765
Current Market Cap: SEK58.94B
For a thorough assessment of SWEC.B stock, go to TipRanks’ Stock Analysis page.