Elop AS (DE:72G) has released an update.
Qben Infra AB has signed a share purchase agreement to acquire all outstanding shares of Team Bygg AS, including Team Bygg’s majority stakes in Holtekilen Bolig AS and Sørumsand Panorama AS, in a deal worth NOK 100 million. The transaction will grant Tb Industrier AS a 7.69% ownership in Qben Infra and reinforce Qben’s presence in the Norwegian housing market, with Team Bygg’s over 35 years of industry experience and a strong project pipeline.
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