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Ferd AS Sells Stake in XXL ASA to Frasers Group

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Ferd AS Sells Stake in XXL ASA to Frasers Group

Elevate Your Investing Strategy:

XXL ASA ( (GB:0R3P) ) has provided an update.

Ferd AS has accepted a mandatory offer from Frasers Group plc to sell its shares in XXL ASA, a company in which it held a significant stake. The transaction involves the sale of 9,419,999 ordinary shares, representing 13.37% of the votes and 10.76% of the capital, at NOK 10 per share, resulting in Ferd AS no longer holding any shares in XXL.

More about XXL ASA

Average Trading Volume: 499

Technical Sentiment Signal: Strong Sell

Current Market Cap: NOK885.8M

See more data about 0R3P stock on TipRanks’ Stock Analysis page.

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