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Frasers Group Completes Acquisition and Plans Delisting of XXL ASA

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Frasers Group Completes Acquisition and Plans Delisting of XXL ASA

Elevate Your Investing Strategy:

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

Frasers Group Plc has completed its acquisition of XXL ASA, a company listed on the Oslo Stock Exchange, by acquiring 95.9% of its shares and 94.9% of its voting rights. Following this acquisition, Frasers has initiated a compulsory acquisition of the remaining shares and plans to delist XXL from the exchange, with the redemption price set at NOK 10 per share.

More about XXL ASA

Average Trading Volume: 458

Technical Sentiment Signal: Sell

Current Market Cap: NOK862.1M

See more insights into 0R3P stock on TipRanks’ Stock Analysis page.

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