Volue ASA (DE:642) has released an update.
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Edison Bidco AS, linked to Advent International and Generation Investment Management, has successfully secured 98.9% of shares in Volue ASA through a voluntary cash tender offer at NOK 42.00 per share. This acquisition signifies a strong backing from major shareholders, including Arendals Fossekompani ASA. Settlement is anticipated by November 8, 2024, contingent on the fulfillment of remaining conditions.
For further insights into DE:642 stock, check out TipRanks’ Stock Analysis page.