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Bidco Clover Secures Over 90% of Spir Group, Paving Way for Delisting

Story Highlights
  • Bidco Clover has obtained over 90% of Spir Group’s shares through its voluntary cash offer.
  • With this control, Bidco Clover plans a compulsory buyout and delisting of Spir Group from Oslo Børs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bidco Clover Secures Over 90% of Spir Group, Paving Way for Delisting

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Sikri Holding AS ( (DE:57U0) ) just unveiled an announcement.

Bidco Clover AS has secured acceptances exceeding 90% of Spir Group ASA’s share capital and voting rights in its voluntary cash offer at NOK 8.567 per share, including shares covered by agreements with the four largest shareholders. The preliminary result, still subject to verification by the receiving agent, positions the bidder to finalize settlement by 27 February 2026 under the offer terms, pending remaining closing conditions.

With control of more than 90%, Bidco Clover AS plans to initiate a compulsory acquisition of the remaining shares in Spir Group ASA under Norwegian law and pursue a delisting from the Oslo Stock Exchange. The move effectively transitions Spir from a listed to a privately controlled company, reshaping liquidity and exit options for minority investors and consolidating ownership under the bidder and its aligned shareholders.

More about Sikri Holding AS

Spir Group ASA is a Norwegian company listed on Euronext Oslo Børs, with its shares widely held and actively traded on the Oslo Stock Exchange. The company operates under Norwegian corporate and securities law, making it subject to local takeover, disclosure, and delisting regulations that frame transactions such as voluntary cash offers and compulsory acquisitions.

Average Trading Volume: 175,398

Current Market Cap: NOK1.13B

For a thorough assessment of 57U0 stock, go to TipRanks’ Stock Analysis page.

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