Formica Capital decreases ownership in Scandic Hotels Group
May 7, 2021
Formica has reduced its holding in Scandic Hotels Group. Ownership after divestment is 4,86%. As part of Formica’s capital management, Formica made a financial investment in Scandic in March 2020, in the midst of the Covid pandemic. Since then Formica has, together with the other owners, supported the company through a new issue of shares […]