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Aker ASA Completes Conditions for Merger and Share Distribution

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Aker ASA Completes Conditions for Merger and Share Distribution

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Aker ASA ( (AKAAF) ) just unveiled an update.

Aker ASA has announced the completion of conditions for the distribution of Aker Horizons’ shares in Aker Horizons Holding AS as a dividend in-kind to its shareholders, alongside the planned merger between AKHH and AKH HoldCo AS, a subsidiary of Aker ASA. As a result of the merger, shareholders in Aker Horizons will receive cash and shares in Aker ASA, impacting several primary insiders of the company who will receive consideration shares based on their current holdings.

The most recent analyst rating on (AKAAF) stock is a Sell with a NOK565.00 price target. To see the full list of analyst forecasts on Aker ASA stock, see the AKAAF Stock Forecast page.

More about Aker ASA

YTD Price Performance: 39.69%

Average Trading Volume: 34,719

Current Market Cap: NOK54.45B

Find detailed analytics on AKAAF stock on TipRanks’ Stock Analysis page.

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