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Saga Pure ASA ( (DE:SAT) ) has issued an update.
Tycoon Industrier AS has made a mandatory offer to acquire all outstanding shares of Saga Pure ASA, not already owned by them, at NOK 1.33 per share. The offer was accepted for over 48 million shares, and upon completion, Tycoon, along with Øystein Stray Spetalen, will hold approximately 60.68% of Saga Pure’s shares, significantly increasing their influence in the company.
More about Saga Pure ASA
Saga Pure ASA is a company involved in the investment and development of sustainable and renewable energy solutions. The company focuses on projects and investments that contribute to the reduction of carbon emissions and promote environmental sustainability.
Average Trading Volume: 1,502,493
Current Market Cap: NOK640M
For detailed information about SAT stock, go to TipRanks’ Stock Analysis page.