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Oscar Properties chair departs as bondholders demand repayment

The chair and another board member at Oscar Properties are leaving the group, the struggling Swedish landlord said late on Thursday, as its problems continue to deepen. The statement.

Polestar raises almost $1 bln, sees margins improving in 2024

Polestar said on Wednesday it had raised a $950 million loan from a bank syndicate, helping to fill a gap left when Volvo Cars said it would stop funding the electric carmaker. Polestar.

Swedish property company SBB jumps 20% on potential EduCo disposal

STOCKHOLM, June 26 (Reuters) - Shares in Swedish landlord SBB rose 20% on Monday, buoyed by investor hopes of debt relief after the potential sale of education subsidiary EduCo. SBB had said on Sunday that it had entered discu.

Swedish property company SBB postpones dividend payout for a year

STOCKHOLM, June 21 (Reuters) - Sweden s SBB has postponed its 2023 dividend payment by a year, it said on Wednesday as the company continues to fight to improve its liquidity. The dividend, which was originally .

Airline SAS predicts busy summer as loss shrinks

Scandinavian airline SAS expects a busy summer season, it said on Thursday as it reported a reduced second-quarter pretax loss.

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