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Beter Bed Holding successfully completes divestment of Swedish activities
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Beter Bed to divest Swedish operation to Lars Larsen Group 31 May 2021 (Last Updated May 31st, 2021 14:35)
Beter Bed intends to divest its Swedish operation Sängjätten to streamline management structure.
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Beter Bed Holding corporate headquarters. Credit: Ekki01.
Dutch company Beter Bed Holding (BBH) has signed a non-binding term sheet with the Lars Larsen Group for negotiations to divest its Swedish business Sängjätten.
The planned divesture is part of the company’s strategy to adjust and simplifies its management structure.
Following the announcement, the two companies will explore the potential sale and Lars Larsen Group will conduct a due diligence in the next few weeks.
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;