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Bure Equity AB Divests Majority Stake in Mentice

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Bure Equity AB Divests Majority Stake in Mentice

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Bure Equity AB ( (SE:BURE) ) just unveiled an announcement.

Bure Equity AB has signed an agreement to divest 4,037,824 shares in Mentice AB to Gulf Offshore Limited, a company controlled by the Howell family, which is the main owner of Mentice. Following this transaction, Bure will retain 100,000 shares in Mentice, which secures its issued call options, potentially impacting its strategic positioning and financial interests in the company.

The most recent analyst rating on (SE:BURE) stock is a Hold with a SEK261.00 price target. To see the full list of analyst forecasts on Bure Equity AB stock, see the SE:BURE Stock Forecast page.

More about Bure Equity AB

YTD Price Performance: -34.00%

Average Trading Volume: 66,242

Technical Sentiment Signal: Hold

Current Market Cap: SEK18.52B

See more data about BURE stock on TipRanks’ Stock Analysis page.

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