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REC Silicon ASA Announces Mandatory Offer Following Acquisition

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REC Silicon ASA Announces Mandatory Offer Following Acquisition

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REC Silicon ASA ( (RNWEF) ) has shared an update.

REC Silicon ASA announced the completion of a voluntary offer by Anchor AS to acquire all outstanding shares, followed by an unconditional mandatory offer approved by the Norwegian Financial Supervisory Authority. The offer price is set at NOK 2.20 per share, with the acceptance period running from August 1 to August 29, 2025. This acquisition could potentially impact the company’s market positioning and shareholder value.

The most recent analyst rating on (RNWEF) stock is a Hold with a NOK8.00 price target. To see the full list of analyst forecasts on REC Silicon ASA stock, see the RNWEF Stock Forecast page.

More about REC Silicon ASA

REC Silicon ASA operates in the renewable energy sector, focusing on the production of silicon materials primarily used in solar and electronics industries. The company is known for its high-purity polysilicon products and has a significant presence in the global solar energy market.

Average Trading Volume: 1,282,323

Current Market Cap: NOK932.9M

See more data about RNWEF stock on TipRanks’ Stock Analysis page.

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