Brief: Asetek Receives Takeover Offer From CQXA

Asetek A/S

25/11/2025 13:52

Nov 25 (Reuters) - Asetek A/S ASTK.CO:

THE SHAREHOLDERS OF ASETEK A/S RECEIVE A PREMIUM, ALL-CASH PUBLIC TAKEOVER OFFER FROM CQXA HOLDINGS PTE. LTD.

OFFER PRICE DKK 1.72 PER SHARE, VALUING ASETEK AT DKK 547.4 MILLION

OFFEROR INTENDS COMPULSORY ACQUISITION AND DELISTING OF ASETEK SHARES

OFFER PRICE REPRESENTS  PREMIUM OF ABOUT 110% VERSUS CLOSING TRADING PRICE OF DKK 0.820 ON NASDAQ COPENHAGEN A/S ON 24 NOVEMBER

OFFER EXPECTED TO BE COMPLETED IN Q1 2026

BOARD INTENDS TO RECOMMEND THAT ASETEK SHAREHOLDERS ACCEPT OFFER WHEN MADE

Source text: ID:nWkr94jy64

Further company coverage: ASTK.CO

 (Gdansk Newsroom)

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