SBB to divest 49% of social infrastructure portfolio to Brookfield for $890m
Canada’s Brookfield Super-Core Infrastructure Partners has agreed to acquire a stake of 49% in EduCo from Sweden-based Samhällsbyggnadsbolaget i Norden (SBB) for around SEK9.2 billion ($890 million) in cash upfront, plus up to approximately SEK1.2 billion ($116 million) in cash through earn-outs. SBB is expected to use the proceeds from the transaction to offload debt, […]