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Skanska signs exclusivity agreement concerning the sale of Poggenpohl

4/28/2000 12:35 PM CET
Press release

Skanska has entered into an exclusivity agreement with Nobia concerning the sale of the Poggenpohl Group. Following customary due diligence, a definitive sale and purchase agreement is expected to be signed by the end of May, 2000. Nobia is owned by Industri Kapital 1994 Fund and the management of the company.

Press Release  

April 28, 2000  

Skanska signs exclusivity agreement concerning the sale of Poggenpohl

  Skanska has entered into an exclusivity agreement with Nobia concerning the sale of the Poggenpohl Group. Following customary due diligence, a definitive sale and purchase agreement is expected to be signed by the end of May, 2000. Nobia is owned by Industri Kapital 1994 Fund and the management of the company.   ______________________________________________________________   For further information please contact: Peter Wallin, Head of Investor Relations Skanska AB, Tel +46 8 753 88 86 Staffan Schéle, Head of Corporate Finance Skanska AB, Tel +46 8 753 82 72