Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Ivar Tollefsen to acquire a 50% stake in Utleiemegleren
November 1, 2018

Property Investor Ivar Tollefsen acquires half of the shares in Utleiemegleren through his company Fredensborg. Fredensborg has 40,000 rental apartments in Scandinavia, Germany and the Netherlands. Utleiemegleren had a record year in 2017, reporting a turnover of NOK 175.2m and paid a dividend of NOK 21.5m. The acquired rental broker leases 11,000 homes on behalf of homeowners.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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