Bilia AB (OM:BILI A) entered into an agreement to acquire Mw Gruppen Stockholm Ab from Metroauto Group Oy on November 28, 2016. The deal includes acquisition of five properties which house Mw Gruppen Stockholm. Mw Gruppen Stockholm has an annual turnover of SEK 700 million. The deal is subject to approval by the Swedish Competition Authority and is expected to close on January 2, 2017. Bilia AB (OM:BILI A) completed the acquisition of Mw Gruppen Stockholm Ab from Metroauto Group Oy on January 3, 2017. Bilia AB acquired MW Gruppen Stockholm AB plus three property companies. The entire purchase consideration was approximately SEK 300 million payable in cash. There is no contingent purchase consideration.