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Aker ASA Completes Merger with Aker Horizons Holding

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Aker ASA Completes Merger with Aker Horizons Holding

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

Aker ASA has completed a merger between its subsidiary AKH HoldCo AS and Aker Horizons Holding AS, as registered in the Norwegian Register of Business Enterprises. Shareholders of Aker Horizons will receive cash and Aker shares as merger consideration, with shares borrowed from TRG Holding AS. No new shares will be issued, and any fractional shares will be managed by DNB Bank ASA. The merger impacts shareholder distribution and consolidates Aker’s position in the market.

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

Aker ASA is a prominent company involved in various industries, including energy and industrial sectors. It operates through subsidiaries like Aker Horizons, focusing on sustainable energy solutions and investments.

Average Trading Volume: 34,406

Current Market Cap: NOK52.97B

For an in-depth examination of AKAAF stock, go to TipRanks’ Overview page.

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