Volue ASA Board Evaluates Edison Bidco’s Acquisition Offer

Volue ASA (DE:642) has released an update.

Volue ASA’s independent Board of Directors has evaluated Edison Bidco AS’s voluntary offer to acquire all outstanding shares of Volue at NOK 42.00 per share, valuing the company at approximately NOK 6.1 billion. Despite not achieving a higher offer price through negotiations, the Board supports the offer, recognizing its industrial rationale and allowing shareholders to make their own decisions. The offer document, approved by Oslo Børs, does not include special benefits for executive management or board members but mentions a post-offer management incentive program.

For further insights into DE:642 stock, check out TipRanks’ Stock Analysis page.