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PPI proposes 3.01 PPI shares plus SEK 77.15 cash for tendered Preservium shares, with a mix-and-match feature; total offer value about SEK 357.6 mln based on PPI NAV SEK 25.67.
Ppi Public Property Invest publ AB said it increased the consideration in its public offer to Preservium Property AB shareholders to SEK 60.05 per share, with total increased offer amounts of about SEK 278.3 million as of Sept 30.
PPI increased its public offer for Preservium, valuing each share at SEK 60.05 (market-based) or ~SEK 77.15 (NAV-based), with up to 8.72M PPI shares and up to SEK 133.7M cash to be paid. Other terms remain unchanged; financing is in place.Material DetailsContext by AI AnalystThis is an escalation o…