Scana ASA (DE:1MP) has released an update.
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Scana ASA has received an offer from MIG Finance Namibia to purchase all shares of the company at NOK 4.00 per share, pending conditions such as board approval and shareholder acceptance. The board is seeking financial and legal advice and will discuss potential terms with MIG, while also considering other options for the company. Additionally, Scana’s subsidiary, PSW Technology AS, is in negotiations with MIG for a significant contract involving the sale of a capping stack scheduled for Q2 2025 delivery.
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