Swedish AP Funds' Polhem Infra Losses Persist on Arelion Telecom Deal

Polhem Infra, owned by Swedish AP funds, continues to report losses on its 9.5 billion kronor investment in telecom firm Arelion, now carrying nearly 5 billion kronor in debt. The sustained underperformance highlights ongoing value erosion in a major pension-fund portfolio holding, though the broader financial impact remains contained.

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