Sweden Sells Property Firm Amid a Privatization Drive

STOCKHOLM -- Sweden's government continued its privatization drive Thursday, selling Vasakronan to Swedish property company AP Fastigheter for 41.1 billion Swedish kronor ($6.88 billion).

The sale of the wholly owned property company knocks another company off the government's shortlist of assets it is looking to sell in a 200-billion-kronor privatization drive that started in 2006.

Still to be sold are stakes in telecommunications company TeliaSonera AB, bank Nordea AB ...