February 21, 2018 / 5:13 PM / 6 months ago

BRIEF-Tobin Properties AB says board does not recommend revised cash offer from Klovern‍​

Feb 21 (Reuters) - Tobin Properties Ab says:

* Board does not recommend revised public cash offer from Klovern of SEK 22.65 in cash/ordinary share, SEK 108.50 in cash/class A preference share.

* Board does not think cash offer reflects company value from a financial prespective. ‍​ Source text for Eikon: Further company coverage: (Reporting By Johan Sennero)

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