tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Fjord Defence Group ASA Announces Share Listing and Subsequent Offering

Story Highlights
Fjord Defence Group ASA Announces Share Listing and Subsequent Offering

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Carbon Transition ASA ( (DE:S5B) ).

Fjord Defence Group ASA announced the approval of a prospectus by the Financial Supervisory Authority of Norway for the listing of new shares on Euronext Expand and a subsequent offering. This move is part of the company’s strategic acquisition of Fjord Defence AS, which includes a private placement and a potential subsequent offering, aimed at raising significant capital to enhance its market positioning and operational capabilities.

More about Carbon Transition ASA

Fjord Defence Group ASA, listed on Euronext Expand, is a Norwegian company focused on acquiring and developing fast-growing, profitable businesses within the defence industry. The company employs a buy & build strategy targeting established, profitable businesses in the defence, security, and related segments.

Average Trading Volume: 1,130,794

Current Market Cap: NOK590M

Learn more about S5B stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1