SOLNA, Sweden, Jan. 10, 2022 /PRNewswire/ -- As previously
communicated, a decision on the withdrawal of authorization as a
credit institution from the ECB was expected at the end of 2021.
This decision was received during the fourth quarter of 2021 and
means that Catella is no longer under supervision as a credit
institution.
Furthermore, in reference to the press release distributed on
2020-06-10, Catella has used the right to sell the remaining 30
percent of the shares in Catella Fondförvaltning AB for
SEK 60 million to Athanase.
"I am pleased that we have taken additional steps on our
journey towards a real estate focused company. Looking ahead we can
fully allocate our resources to developing and growing our three
business areas: Catella's market leading Corporate Finance advisory
services, Property Investment Management with assets under
management of SEK 112 billion, and
our own Principal Investments of SEK 800
million in development projects across Europe" says Christoffer Abramson, CEO at Catella.
For further information, please contact:
Michel Fischier, Head of Investor Relations and Communications,
tel. +46 (0)8 463 33 86
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/catella/r/catella-takes-further-steps-towards-a-simplified-structure-through-the-return-of-the-banking-license,c3482946
The following files are available for download:
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https://mb.cision.com/Main/1744/3482946/1518256.pdf
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