-+ 0.00%
-+ 0.00%
-+ 0.00%
Episurf Medical Closes Purchase of Two Property Portfolios
Share
Listen to the news
06:44 AM EDT, 08/31/2026 (MT Newswires) -- Episurf Medical (EPIS-B.ST) said Monday it completed the acquisition of a portfolio of 45 properties from Fastighetsaktiebolaget Lilium and four properties from Setune Assets. The Lilium portfolio is valued at 660 million kronor, while the Setune Assets properties are valued at 285.5 million kronor. The acquisitions are part of the real estate and medical technology company's strategy to build a Nordic property platform. Under the deal with Lilium, Episurf lowered the cash portion of the preliminary purchase price by 30 million kronor and raised the convertible note amount to 228 million kronor from 198 million kronor. Episurf will issue 3,303,407,120 class B shares at 0.08 krona each to Lilium by offsetting a promissory note of 264 million kronor and a promissory note of 228 million kronor to be offset against convertibles convertible into class B shares. For the Setune Assets transaction, the company will issue 1 billion class B shares at 0.10 krona each to Setune Assets by way of offsetting a promissory note of 100 million kronor.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending