Skanska acquires remaining minority interest in Finnish subsidiary
Skanska AB, which previously owned 70% of Skanska Oy, has acquired the remaining 30% of Skanska Oy’s shares from the company’s management. Skanska Oy is now a wholly owned subsidiary of Skanska AB.
Skanska acquires remaining minority interest in Finnish subsidiary
Skanska AB, which previously owned 70% of Skanska Oy, has acquired the remaining 30% of Skanska Oy’s shares from the company’s management. Skanska Oy is now a wholly owned subsidiary of Skanska AB.
Skanska Oy has posted rapid and profitable growth, with net sales in 1997 of FIM 2.3 billion. As a result of Skanska Oy becoming a wholly subsidiary, the possibilities for further development of the company are enhanced.
Danderyd, May 12,1998
SKANSKA AB
Group Corporate Communications
For further information, please contact: Anders C Karlsson, President Skanska Europe, telephone +46 40 14 42 43 or Cecilia Schön, Senior Vice President Corporate Communications, telephone +46 8 753 87 99.