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Aker ASA ( (AKAAF) ) has shared an announcement.
Aker Property Group, a subsidiary of Aker ASA, has signed agreements to acquire significant ownership in Public Property Invest ASA and Samhällsbyggnadsbolaget i Norden AB. This transaction positions APG as a major shareholder in both companies, aligning with Aker’s strategy to focus on fewer, cash-generative investments. The acquisition is expected to enhance PPI’s infrastructure segment and support SBB’s financial stability, benefiting stakeholders by improving earnings and reducing debt ratios.
The most recent analyst rating on (AKAAF) stock is a Hold with a NOK565.00 price target. To see the full list of analyst forecasts on Aker ASA stock, see the AKAAF Stock Forecast page.
More about Aker ASA
Aker ASA is a prominent company involved in various sectors, including real estate through its subsidiary Aker Property Group (APG). APG focuses on strategic investments in real estate, particularly in properties with public tenants and social infrastructure across the Nordics. The company aims to concentrate on cash-generative investments with a low-risk profile and predictable dividend payments.
Average Trading Volume: 38,885
Current Market Cap: NOK45.61B
Find detailed analytics on AKAAF stock on TipRanks’ Stock Analysis page.