Ratos sells stake in Lindab

The shares for the listed company were sold at SEK 98 each and Ratos retains an 11% stake after the transaction. A lock down period is in place until 9 February 2011 for the remaining shares.

Ratos, Skandia Liv and the Sixth AP fund took Lindab private in 2001 in a transaction that valued the company at SEK 3.4bn. The company was re-listed in 2006 for SEK 110 per share. Ratos retained a 22% stake in the company after the flotation.

Lindab's shares were trading at SEK 104.5 at close on 8 November.

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