AKVA Clears 90% Acceptance Threshold in Yanmar Takeover

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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