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Tycoon Industrier AS Launches Mandatory Offer for Saga Pure ASA Shares

Story Highlights

An update from Saga Pure ASA ( (DE:SAT) ) is now available.

Saga Pure ASA has announced that Tycoon Industrier AS, along with Øystein Stray Spetalen, has acquired over 50% of Saga’s shares, triggering a mandatory offer for the remaining shares. The Norwegian Financial Supervisory Authority has approved the offer document, with the offer period running from April 9 to May 7, 2025, and a cash offer price of NOK 1.2822 per share. This acquisition could significantly impact Saga’s operational control and market positioning.

More about Saga Pure ASA

Average Trading Volume: 9,750

Technical Sentiment Signal: Hold

Current Market Cap: €52.87M

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

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