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An announcement from Arise AB ( (SE:ARISE) ) is now available.
Arise AB’s independent bid committee has recommended that shareholders accept a public takeover bid from Aneo Holding AS, through Aneo BidCo, offering SEK 45 per share, valuing the offer at approximately SEK 1.8 billion. The bid represents a significant premium over recent trading prices, and Aneo BidCo has expressed no intention to make material changes to Arise’s operations or workforce, emphasizing the importance of maintaining the company’s entrepreneurial culture and local presence.
The most recent analyst rating on (SE:ARISE) stock is a Hold with a SEK32.00 price target. To see the full list of analyst forecasts on Arise AB stock, see the SE:ARISE Stock Forecast page.
More about Arise AB
Arise AB is a company involved in the renewable energy sector, focusing on the development, construction, and management of wind power projects. The company is positioned within the energy industry, aiming to contribute to sustainable energy solutions.
Average Trading Volume: 21,909
Technical Sentiment Signal: Sell
Current Market Cap: SEK1.34B
Learn more about ARISE stock on TipRanks’ Stock Analysis page.