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SBB's share price surges after legal victory in London

» Published: 13 January 2025

SBB's share price surges after legal victory in London
Photo: Anders Wiklund/TT

The real estate company SBB's share is soaring on the Stockholm Stock Exchange after the company announced that the lender Fir Tree Credit Opportunity Master Fund has withdrawn a lawsuit that had been filed with a court in London.

The SBB share is rising by nearly 9 percent in early Monday trading, which means a price increase of 13 percent since the turn of the year.

The previous dispute with the lender in London concerned so-called EMTN bonds for 7.5 million euros that SBB used for financing in 2020-2021.

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By TTThis article has been altered and translated by Sweden Herald

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