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Thon Gruppen Extends Tender Offer Period After Passing 90% Ownership Threshold in Olav Thon Eiendomsselskap

Story Highlights
  • Thon Gruppen extends its NOK 335-per-share takeover offer for Olav Thon Eiendomsselskap until 5 January 2026.
  • With over 90% of shares tendered and regulatory approvals secured, the extension allows verification and more shareholders to participate.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Thon Gruppen Extends Tender Offer Period After Passing 90% Ownership Threshold in Olav Thon Eiendomsselskap

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Olav Thon Eiendomsselskap ASA ( (GB:0FHP) ) has provided an update.

Thon Gruppen AS, which is controlled by the Thon interests, has extended the acceptance period for its voluntary cash tender offer to acquire all outstanding shares in Olav Thon Eiendomsselskap ASA at NOK 335 per share until 5 January 2026, with the possibility of further extensions within a maximum ten‑week offer period. Having already secured acceptances for more than 90% of the company’s shares and obtained the necessary regulatory approvals, the bidder is using the extension to verify received acceptances and give remaining shareholders more time to tender on the same terms, paving the way for settlement by 21 January 2026 and effectively consolidating control of one of Norway’s largest listed property companies.

More about Olav Thon Eiendomsselskap ASA

Olav Thon Eiendomsselskap ASA is a Norwegian listed real estate company focused on owning, developing and managing commercial properties, particularly shopping centres and other retail and office assets, primarily in Norway and parts of the Nordic market.

Average Trading Volume: 46,515

Current Market Cap: NOK33.69B

Find detailed analytics on 0FHP stock on TipRanks’ Stock Analysis page.

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