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Otovo AS to Acquire Onvis Inc. in Strategic Expansion Move

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Otovo AS to Acquire Onvis Inc. in Strategic Expansion Move

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An update from Otovo AS Class A ( (DE:89K) ) is now available.

Otovo AS has announced a strategic transaction to acquire all outstanding shares of Onvis Inc. through the issuance of new shares in Otovo. This acquisition is expected to enhance Otovo’s market position and operational capabilities, with the new shares set to be listed on Euronext Oslo Børs, marking a significant step in the company’s growth strategy.

More about Otovo AS Class A

Otovo AS is a company operating in the renewable energy industry, focusing on solar energy solutions. It provides solar panel installations and related services, aiming to expand its market presence in Europe.

Average Trading Volume: 667,728

Current Market Cap: NOK178.6M

See more insights into 89K stock on TipRanks’ Stock Analysis page.

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