Redeye provides a brief comment on the unexpected announcement that Episurf Medical intends to acquire real estate assets and property-related debt securities in the form of senior unsecured green notes to a total purchase price of up to SEK1147m. As the proposed transaction would imply a significant shift in the company’s strategic direction and materially alter the investment case, we have decided to place our fair value range under review until additional information is disclosed and the situation becomes clearer.
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