AKVA Clears 90% Acceptance Threshold in Yanmar Takeover

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Shareholders have tendered about 92% of AKVA group ASA's shares to Yanmar's offer, clearing the minimum acceptance condition. Completion still depends on regulatory approvals, and the offer period closes on 20 November.

Oslo-listed AKVA group said on Monday that its offeror, Pontos Bidco AS, has received acceptances for 33,584,769 shares, or about 92.06% of issued share capital and voting rights, subject to customary verification. The offer is NOK 161 per share, valuing the deal at NOK 5.9 billion ($611 million). Pontos Bidco is indirectly owned...

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AKVA Clears 90% Acceptance Threshold in Yanmar Takeover

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Expana's Weekly Top 10

From global commodity markets to restaurant dining rooms, developments across industries are reshaping the business landscape. Shifting trade relationships, supply constraints, market volatility and changing consumer demand are creating new challenges and opportunities, while companies across the supply chain continue to adapt and position themselves for growth.

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