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Arise AB ( (SE:ARISE) ) has shared an update.
Arise AB’s main owner, Claesson & Anderzén Aktiebolag, through CA Plusinvest AB, has made a mandatory offer to acquire shares of Arise at SEK 34.35 per share after exceeding the threshold for a mandatory offer under the Swedish Takeover Act. An independent bid committee has been formed by Arise’s Board of Directors to evaluate this offer, with a statement expected before the offer’s acceptance period ends.
More about Arise AB
Arise is a leading independent company focused on green energy. It develops, builds, sells, and manages renewable electricity production and is listed on Nasdaq Stockholm.
YTD Price Performance: -2.16%
Average Trading Volume: 52,491
Current Market Cap: SEK1.54B
Learn more about ARISE stock on TipRanks’ Stock Analysis page.