EQT has completed the sale of approximately 30.7m B-shares in refrigeration wholesaler Beijer Ref, representing about 6.0 percent of the share capital, according to a press release.

The shares were sold to institutional investors through an accelerated bookbuilding process at a price of SEK132 per share. This represents a discount of approximately 3.3 percent compared to Beijer Ref's closing price on Monday. The total value of the transaction amounted to SEK4.1bn.

The sale represents EQT's entire remaining holding in Beijer Ref following previously announced transactions with Melker Schörling. Following the deal, EQT no longer holds any shares in the company.

Melker Schörling participated in the placement, though the specific number of shares purchased was not disclosed.