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S.D. Standard Drilling PLC ( (DE:S1P) ) has issued an update.
Saga Pure ASA has made a mandatory offer for all remaining shares in S.D. Standard ETC Plc at a price of NOK 1.90 per share. As of April 23, 2025, Saga Pure and its associated companies have acquired a 50.04% ownership stake in SDSD, surpassing the 50% threshold, which may impact the company’s control and decision-making.
More about S.D. Standard Drilling PLC
YTD Price Performance: 20.77%
Technical Sentiment Signal: Sell
Current Market Cap: €82.38M
See more insights into S1P stock on TipRanks’ Stock Analysis page.