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Frasers Group Extends Offer Period for XXL ASA Acquisition

Story Highlights
  • Frasers Group extends the acceptance period for its offer to acquire XXL ASA shares.
  • The extension is approved by Norwegian authorities, with no action needed from current acceptors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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XXL ASA ( (GB:0R3P) ) just unveiled an update.

Frasers Group plc has announced an extension of the acceptance period for its mandatory cash offer to acquire all shares of XXL ASA that it does not already own. The acceptance period is extended until May 27, 2025, with settlement postponed accordingly. The Financial Supervisory Authority of Norway has approved this extension, and current acceptances remain binding, requiring no further action from shareholders.

More about XXL ASA

Average Trading Volume: 497

Technical Sentiment Signal: Sell

Current Market Cap: NOK873.5M

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

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