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Independent Expert to Assess BidCo Clover’s Takeover Offer for Spir Group

Story Highlights
  • BidCo Clover has launched a voluntary cash offer for all remaining Spir Group shares at NOK 8.567 each.
  • Regulators have appointed SB1 Markets, not Spir’s board, to deliver an independent statement on the takeover bid.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Independent Expert to Assess BidCo Clover’s Takeover Offer for Spir Group

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Sikri Holding AS ( (DE:57U0) ) has shared an announcement.

BidCo Clover AS has launched a voluntary cash offer to acquire all outstanding shares in Spir Group ASA that it does not already control, offering NOK 8.567 per share, in a move that could consolidate ownership of the Nordic real estate software provider. Norway’s Financial Supervisory Authority has decided that, instead of Spir Group’s board, independent expert SB1 Markets AS will issue the formal statement on the bid, underscoring regulatory scrutiny and providing minority shareholders with an external assessment of the offer’s terms and implications.

More about Sikri Holding AS

Spir Group is a Nordic software company that develops mission-critical niche software and data solutions for the real estate sector, helping to streamline complex property-related processes. Its customer base spans real estate agents, banks, insurers, appraisers, developers, media houses, builders, property owners, engineers, utilities and building materials producers, with a focus on driving digitalization through software, data and artificial intelligence.

Average Trading Volume: 159,817

Current Market Cap: NOK1.12B

Learn more about 57U0 stock on TipRanks’ Stock Analysis page.

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