Stena Sessan publishes its annual sustainability report.

As investors, we have both a responsibility and an opportunity to set standards and lead by example in responsible investing and sustainable business. Sustainability is therefore an integral part of our investment activities and ownership role in relation to our portfolio companies, and is reflected in all decision-making.

Read the full sustainability report here, in Swedish (link).

 

Stena Sessan announces a recommended cash offer of SEK 9.80 per class B share to the shareholders of Concordia Maritime

All information made public is available here.

Stena Fastigheter sells properties to Stena Sessan

Stena AB announces that Stena Fastigheter has agreed to sell properties in Gothenburg, Stockholm and Uppsala to Stena Sessan. The total real estate value amounts to SEK 6.8 billion, and the major part of the sale will be effective by mid-year 2018. Stena Fastigheter will continue to manage these properties as they do for other properties owned by related companies.

“It is positive that the family continues to maintain its investment in real estate while Stena Fastigheter will continue to manage the portfolio. The outcome also means that we release liquidity of approximately SEK 4 billion into the Stena AB Group ” says Christel Armstrong Darvik, CEO Stena Fastigheter.