M&A Activity • Nov 27, 2020
M&A Activity
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Voluntary offer - offer document approved
Oslo Børs, in capacity as take-over supervisory authority, has approved the offer set out in the offer document dated 26 November 2020 in respect of:
Voluntary offer to acquire the shares in Entra ASA by Samhällsbyggnadsbolaget i Norden AB (“SBB”).
Offer price: NOK 165 per share. Settled through NOK 115.50 in cash and a number of SBB class B shares that represent a value of NOK 49.50, subject to certain adjustments.
Offer period: From and including 27 November 2020 to 06:00 hours (CET) on 25 December 2020 (subject to extensions).
Receiving agent: Arctic Securities AS
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