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Frasers Group Plc to Acquire Majority Stake in XXL ASA

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Frasers Group Plc to Acquire Majority Stake in XXL ASA

Elevate Your Investing Strategy:

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

Frasers Group Plc has made a mandatory offer to acquire all shares of XXL ASA, a company listed on Euronext Oslo Børs. The preliminary results indicate that Frasers has received acceptances for approximately 60.41% of XXL’s shares, and upon completion, Frasers is expected to hold over 93% of the shares, significantly increasing its control over the company.

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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