Brief: Fortum Launches Cash Tender Offer To Shareholders Of Elmera
BRIEF-Fortum Launches Cash Tender Offer To Shareholders Of Elmera Aug 21 (Reuters) - Fortum Oyj FORTUM.HE:
FORTUM LAUNCHES RECOMMENDED VOLUNTARY CASH TENDER OFFER TO THE SHAREHOLDERS OF ELMERA GROUP ASA AND OFFER PERIOD COMMENCES
ELMERA BOARD UNANIMOUSLY RECOMMENDS SHAREHOLDERS ACCEPT FORTUM OFFER
OFFER PRICE SET AT NOK 47 PER SHARE
OFFER PRICE REPRESENTS 48% PREMIUM TO 90-DAY DIVIDEND ADJUSTED VWAP ENDING JUNE 24, 2026
OFFER PRICE REPRESENTS 50% PREMIUM TO 60-DAY DIVIDEND ADJUSTED VWAP ENDING JUNE 24, 2026
OFFER PRICE REPRESENTS 59% PREMIUM TO CLOSING PRICE ON JUNE 24, 2026
Source text: ID:nWkr3B6PYg
Further company coverage: FORTUM.HE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))
Recent news on Fortum Oyj
See all newsInsight: Europe weighs giving utilities, infrastructure companies more powers to bring down drones
Brief: Fortum Signs Agreement With Lohjan Energiahuolto Oy Loher
Brief: Elmera Group Says Offeror Received Acceptances For 91.61% Of Elmera Share Capital
Top of the Street: Universal Music Group, Fortum, Hensoldt
UBS lifts Fortum to 'neutral' on power prices, data centre upside