10 April 2006
Mörtstedt bids 170 million
Property billionaire Sten Mörtstedt, already the largest owner, bids SEK 170 million for the rest of the shares. He wants to go to Europe, the USA and China.
A property man in London who paid 170 million for the majority of a company that four years earlier had been seven days from bankruptcy.
- Mörtstedt in Dagens Industri (DI), Sweden's business daily: “We will invest a couple of hundred million kronor over the next few years.”
- Around 70 shareholders.
- CLS Holding owned around 40% as early as May 2003 and around 30% according to DI 2004; from May 2005 Charlotta Mörtstedt sat on the board and the UK CEO was recruited at CLS's premises in London.
With: Sten Mörtstedt
Sources: GP: Lunarstorm ger guld till Halland · Internetworld: Miljardär köper Lunarstorm