OSLO, NORWAY: SAS Shipping Agencies Services Sàrl has officially launched a voluntary cash offer to acquire all issued and outstanding shares of Gram Car Carriers ASA (GCC). This move comes after the stock exchange announcement on April 24, 2024, which indicated that SAS had reached an agreement with GCC regarding the offer. The offer, recommended…
LONDON, UK: Shurgard Self Storage Ltd has reached agreement on the terms of a recommended cash offer to acquire Lok’nStore Group. Under the terms of the acquisition, Lok’nStore shareholders will be entitled to receive 1,110 pence in cash for each share valuing the entire issued and to be issued share capital of Lok’nStore at approximately…
LONDON, UK: Navigator Paper UK Limited, a subsidiary of The Navigator Company has agreed to takeover Accrol Group Holdings plc in an all-cash transaction. The transaction is valued at approximately £127.5 million and will be executed via a Court-sanctioned scheme of arrangement, with an alternative Takeover Offer as a reserved option. Accrol shareholders are set…
LONDON, UK: AdvancedAdvT Limited (ADV) has made an offer to acquire share capital of M&C Saatchi plc (Which it doesn’t already own), whereas M&C Saatchi shareholders have the option to take 2.53 ADV shares or 2.043 ADV shares plus 40 pence for every M&C share. Both the Cash and Shares Offer and the All Share…
OSLO, NORWAY: Norsk Hydro has announced a tender offer for the acquisition of 100% of the shares of Alumetal S.A, a company listed on the Warsaw Stock Exchange for 68.4 PLN per share in cash, representing an aggregate equity purchase price of approximately 1.066 PLN million (approx. EUR 232 million). The transaction implies an Enterprise…