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Edison Bidco AS Proposes Buyout of Volue ASA Shares

Volue ASA (DE:642) has released an update.

Confident Investing Starts Here:

Edison Bidco AS, a subsidiary of AI Volt (Luxembourg) Sàrl backed by Advent International and Generation Investment Management, has made a voluntary cash tender offer to acquire all outstanding shares of Volue ASA at NOK 42.00 per share. As of now, they have secured approximately 88.7% of Volue’s shares, including commitments from major shareholders. Shareholders interested in accepting the offer must do so by 16 October 2024, following the procedures laid out in the Offer Document available on ABG Sundal Collier ASA’s website.

For further insights into DE:642 stock, check out TipRanks’ Stock Analysis page.

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