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Zalaris ASA ( (DE:81Y) ) just unveiled an announcement.
Kona BidCo AS has confirmed that a key regulatory condition for its recommended voluntary cash tender offer for all outstanding shares in Zalaris ASA has been met, following clearance from the German Competition Authority. The offer, priced at NOK 100 per share and excluding shares held by rollover shareholders and the company itself, still remains subject to the satisfaction of other closing conditions set out in the offer documentation.
The progress on competition clearance marks a significant step toward completion of the transaction, reducing regulatory uncertainty around the proposed acquisition. Both Zalaris and the bidder continue to be advised by prominent Norwegian legal and financial advisers, underscoring the deal’s importance for shareholders and its potential to reshape the company’s ownership structure once remaining conditions are fulfilled.
More about Zalaris ASA
Zalaris ASA is a Norway-based provider of payroll and HR outsourcing services, delivering cloud-based solutions to enterprises across multiple European markets. The company focuses on multi-country payroll, human capital management and related consulting services, primarily targeting medium and large organisations seeking to streamline HR and payroll operations.
Average Trading Volume: 66,449
Current Market Cap: NOK2.15B
For an in-depth examination of 81Y stock, go to TipRanks’ Overview page.