The two major shareholders Stenhus Fastigheter i Norden and Sterner Stenhus Holding are forming a joint holding company to consolidate their ownership in the real estate company Krona Public Real Estate, which is listed on Spotlight Stock Market. This is stated in a press release.Stenhus Fastigheter holds 39.99 percent of the capital and the votes, while Sterner Stenhus owns 29.90 percent of the capital and the votes in Krona. Through the transfers, the parties intend to establish joint control over Krona, among other things in order to create better conditions for a refinancing of Krona’s bonds maturing in March 2026. The transfer of Stenhus Fastigheter’s shares in Krona to the holding company constitutes a related party transaction, which, among other things, requires approval by an extraordinary general meeting of Stenhus. The holding company’s acquisition of the shares in Krona will furthermore trigger a mandatory bid under the takeover rules for certain trading platforms.The transfer to the holding company will take place at a price of 35.75 kronor per share. The purpose of the transfers is partly to establish joint control over Krona and partly to create a group structure in which Krona is part of the same group as Stenhus Fastigheter.The holding company will be jointly owned by Stenhus Fastigheter and Sterner. Stenhus Fastigheter will own 57.22 percent and Sterner 42.78 percent of the shares in the holding company. The ownership stakes correspond to each party’s share of the shares in Krona that are transferred to the holding company. For Stenhus Fastigheter, the transfers enable an immediate consolidation of Krona as a subsidiary in the Stenhus group, which is expected to have positive effects on Stenhus’s key financial ratios.