SBB Shares and Bonds Rally on $3.4 Billion Care Home Sale

SBB shares and bonds jumped after the Swedish real estate group struck a $3.4 billion deal to sell its care home portfolio to Public Property Invest AS, a Norwegian property...

By Charles Daly, Libby Cherry · Bloomberg Markets

SBB shares and bonds jumped after the Swedish real estate group struck a $3.4 billion deal to sell its care home portfolio to Public Property Invest AS, a Norwegian property firm closely linked to SBB.