Heimstaden’s billionaire owner weighs stake sale to cut debt
The billionaire founder of Heimstaden Bostad AB to look at selling part of his stake in the company, which owns 160,000 homes in nine European countries.
By Anton Wilen and Kari Lundgren / Bloomberg
In his first major interview with English-language press in a decade, Ivar Tollefsen said the sale would come in the form of shares in the real estate company held by Heimstaden AB, the property company that he owns. News of the potential sale prompted bonds to jump the most on record.
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