tiprankstipranks
Trending News
More News >

Saga Pure ASA Initiates Mandatory Offer for S.D. Standard ETC Plc Shares

Story Highlights

The latest update is out from S.D. Standard Drilling PLC ( (DE:S1P) ).

Saga Pure ASA has initiated a mandatory offer to acquire all remaining shares of S.D. Standard ETC Plc at a price of NOK 1.90 per share. This move, involving a close associate of the company’s chairman, requires ongoing disclosure of acceptances, impacting the company’s shareholder structure and potentially its market positioning.

More about S.D. Standard Drilling PLC

YTD Price Performance: 11.54%

Technical Sentiment Signal: Sell

Current Market Cap: €80.48M

Find detailed analytics on S1P 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