tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lola Bidco AS Increases Stake in Lumi Gruppen

Story Highlights
Lola Bidco AS Increases Stake in Lumi Gruppen

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.

Lumi Gruppen AS ( (DE:8KS) ) has provided an update.

Lola Bidco AS, associated with Lumi Gruppen’s board member Ashkan Senobari, has increased its stake in the company by purchasing 758,815 shares, now holding 24.81% of Lumi’s share capital. Together with Hanover Active Equity Fund III, they control 60.14% of the company, potentially impacting Lumi’s strategic direction and stakeholder interests.

More about Lumi Gruppen AS

Lumi Gruppen is a leading Norwegian education provider founded in 1989, comprising two main divisions: Oslo Nye Høyskole (ONH) and Sonans. ONH is a private university college with a focus on online education and a new campus in Oslo, while Sonans specializes in high school private candidate exam preparation courses.

Average Trading Volume: 78,612

Current Market Cap: NOK901.2M

For a thorough assessment of 8KS stock, go to 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