LONDON: Saint-Gobain announced the signature of an agreement concerning PAM China, pursuant to which the Group is selling 67% of its Pipe business in China to a consortium led by local management. The transaction should close during summer 2021 and values the company at around €100 million. PAM China comprises a production facility in Ma’anshan,…
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Skanska divests Sörred Kubiklager in Gothenburg for about SEK 265 million
STOCKHOLM: Skanska has sold the logistics property Sörred Kubiklager at Hisingen in Gothenburg, Sweden for about SEK 265 million, a news release said. The sale will be registered by Skanska Commercial Development Nordic in the first quarter of 2021. The buyer, Baring, will take over the property in February 2021. Sörred Kubiklager is an approximately…
Elekta divests its stake in ViewRay
STOCKHOLM: Elekta AB has sold its 7.3 percent of the outstanding common stock (11,501,597 shares) in ViewRay Inc., a news release said. Elekta has no remaining shares in ViewRay after the transaction. The shares in ViewRay were purchased in a public offering in December 2019 at USD 3.13 per share and sold today at USD…