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Saga Pure ASA’s Acquisition Offer for S.D. Standard ETC Plc Nears Deadline

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S.D. Standard Drilling PLC ( (DE:S1P) ) has provided an update.

Saga Pure ASA has made a mandatory offer to acquire all outstanding shares of S.D. Standard ETC Plc at NOK 1.90 per share. The offer period expires on May 5, 2025, and shareholders are advised to complete the acceptance form to participate. This acquisition could potentially influence the company’s market positioning and stakeholder interests.

More about S.D. Standard Drilling PLC

YTD Price Performance: 9.70%

Technical Sentiment Signal: Strong Sell

Current Market Cap: €82.9M

For an in-depth examination of S1P stock, go to TipRanks’ Stock Analysis page.

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