Västerport Holding Ab agreed to acquire Torslanda Property Investment AB (publ) for SEK 1 billion on November 8, 2022. The share price is SEK 18 cash per share. Independent bid committee recommends shareholders to accept takeover offer. Upon acquisition of 99% stake in Torslanda Property, Västerport Holding intended to acquire remaining stake through compulsory acquisition. Annika Andersson, Sebastian Iso-Kamula, Ulrica Salomon and Jesper Johansson of Cirio advised Västerport Holding AB on its mandatory takeover bid.

Västerport Holding Ab completed the acquisition of Torslanda Property Investment AB (publ) (OM : TORSAB) on December 21, 2022.