The latest update is out from Saga Pure ASA ( (DE:SAT) ).
Saga Pure ASA has made a mandatory offer to acquire all outstanding shares of S.D. Standard ETC Plc not already owned by them, following their holding exceeding 30% of shares and voting rights. The offer, priced at NOK 1.90 per share, concluded with Saga Pure and its concert party, Ferncliff Listed DAI AS, expected to hold approximately 88.2% of the company’s issued share capital and voting rights, marking a significant consolidation of control.
More about Saga Pure ASA
YTD Price Performance: -4.49%
Average Trading Volume: 9,750
Technical Sentiment Signal: Buy
Current Market Cap: €54.44M
For a thorough assessment of SAT stock, go to TipRanks’ Stock Analysis page.