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Bidco Clover’s Voluntary Cash Offer for Remaining Spir Group Shares Nears Expiry

Story Highlights
  • Bidco Clover AS is offering NOK 8.567 per share to acquire all outstanding Spir Group ASA shares it does not already own.
  • The extended offer period ends 30 January 2026, with completion subject to closing conditions and overseen by appointed financial and legal advisors.
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Bidco Clover’s Voluntary Cash Offer for Remaining Spir Group Shares Nears Expiry

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Sikri Holding AS ( (DE:57U0) ) has provided an update.

Bidco Clover AS has launched a voluntary cash offer for all issued and outstanding shares in Spir Group ASA that it does not already control, at a price of NOK 8.567 per share, with the extended offer period set to expire on 30 January 2026 at 16:30 CET unless further extended. Shareholders wishing to participate must submit an acceptance form in accordance with the offer document, and completion of the transaction remains subject to specified closing conditions, with Nordea Bank acting as financial advisor and receiving agent, and separate legal advisors appointed for both the bidder and Spir Group, underscoring a structured process that could lead to increased ownership concentration and potential change in control at the company.

More about Sikri Holding AS

Spir Group ASA is a Norwegian company listed on Euronext Oslo Børs. It operates within the Norwegian market and has a diversified shareholder base that includes Bidco Clover AS as a significant owner seeking to consolidate its position through a voluntary cash offer for the remaining shares.

Average Trading Volume: 179,508

Current Market Cap: NOK1.14B

See more insights into 57U0 stock on TipRanks’ Stock Analysis page.

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