Norwegian financial services group DnB NOR has put forward an offer to acquire the shares of Swedish real estate broker Svensk Fastighetsformelding for SEK $440 mln (EUR 47.8 mln). Noting that the board of the Swedish company is recommending the offer, DnB NOR said a takeover would create the most extensive real estate brokerage network in the Nordic region. Svensk Fastighetsformelding sells 30,000 homes a year.

Norwegian financial services group DnB NOR has put forward an offer to acquire the shares of Swedish real estate broker Svensk Fastighetsformelding for SEK $440 mln (EUR 47.8 mln). Noting that the board of the Swedish company is recommending the offer, DnB NOR said a takeover would create the most extensive real estate brokerage network in the Nordic region. Svensk Fastighetsformelding sells 30,000 homes a year.