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Vow Green Metals Receives Acquisition Offer from Midas Industri

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Vow Green Metals Receives Acquisition Offer from Midas Industri

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An announcement from Vow Green Metals AS ( (DE:9G5) ) is now available.

Vow Green Metals AS has received a voluntary cash offer from Midas Industri AS to acquire all outstanding shares at NOK 0.95 per share, excluding those owned by Rollover Shareholders. The board has unanimously recommended the offer, which has already been pre-accepted by shareholders holding approximately 67% of the shares. The offer period is set to expire on June 16, 2025, and shareholders are advised to follow the procedures outlined in the offer document to accept the offer.

More about Vow Green Metals AS

Vow Green Metals AS is a company focused on producing biocarbon and other carbon-neutral products to support the green transition in industries that are difficult to decarbonize. The company aims to replace fossil-reduction agents in the metallurgical industry by building, owning, and operating biocarbon production plants using advanced pyrolysis technology. This process not only produces biocarbon but also generates bio-oil and bioenergy, positioning Vow Green Metals as a leader in a rapidly growing market.

Average Trading Volume: 704,706

For a thorough assessment of 9G5 stock, go to TipRanks’ Stock Analysis page.

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