Brief: Audax To Launch Voluntary Offer To Buy Elmera For NOK 41.20/Shr
BRIEF-Audax To Launch Voluntary Offer To Buy Elmera For NOK 41.20/Shr June 25 (Reuters) - Audax Renovables SA ADXR.MC:
INTENDS TO LAUNCH VOLUNTARY OFFER TO BUY ELMERA FOR NOK 41.2 PER SHARE
TOTAL OFFER VALUE ABOUT NOK 4.5 BILLION
OFFER COMPLETION SUBJECT TO MINIMUM 66.7% ACCEPTANCE OF ELMERA SHARES
OFFER TO BE FINANCED WITH AUDAX FUNDS AND EXTERNAL FINANCING
OFFER PRICE REPRESENTS A PREMIUM OF 39.4% TO THE CLOSING PRICE AS OF 24 JUNE 2026 OF NOK 29.55
OFFER PRICE TO BE ADJUSTED FOR ANY PRE-COMPLETION DIVIDENDS OR DISTRIBUTIONS
ELMERA SHAREHOLDERS REPRESENTING IN AGGREGATE ABOUT 43.3% OF SHARES EXCLUDING TREASURY SHARES CONFIRMED THAT THEY SUPPORT OFFER BY AUDAX
Source text: ID:nCNM4HGmJW
Further company coverage: ADXR.MC
($1 = 9.8441 Norwegian crowns)
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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