The latest announcement is out from S.D. Standard Drilling PLC ( (DE:S1P) ).
Saga Pure ASA has initiated a mandatory offer to acquire all remaining shares in S.D. Standard ETC Plc at a price of NOK 1.90 per share. This move is significant as Saga Pure is closely associated with the company’s chairman, Martin Nes, indicating a strategic consolidation of shares that could impact the company’s governance and market positioning.
More about S.D. Standard Drilling PLC
YTD Price Performance: 8.21%
Technical Sentiment Signal: Strong Sell
Current Market Cap: €79.92M
Learn more about S1P stock on TipRanks’ Stock Analysis page.