Brookfield and Sweden’s SBB end talks on EduCo stake sale

France Nouvelles Nouvelles

Brookfield and Sweden’s SBB end talks on EduCo stake sale
France Dernières Nouvelles,France Actualités
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Stockholm-based SBB has been fighting for survival since its shares plunged in May on concern over its financial position and the refinancing of billions of crowns in debt

SBB said in late June it had entered into discussions to sell its remaining stake in EduCo after attracting interest from Brookfield Asset ManagementSBB did not rule out that the discussions

might resume at a later point in time.Shares in SBB were down as much as 20 per cent after the news. At 1229 GMT the shares were down 11 per cent.Checking box will enable automatic data updates.

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