Nordic Waterproofing: Kingspan places a board-recommended bid - ABG
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Nordic Waterproofing: Kingspan places a board-recommended bid - ABG

Kingspan bids SEK 182.5/shareNWG's board recommends accepting the bidHighly likely the bid will go throughSEK 182.5/sh bid highly likely to go throughNordic Waterproofing's (NWG) largest owner Kingspan places a bid of SEK 182.5 per share, representing a 7% premium to yesterday's closing price. NWG's board has recommended shareholders to accept the bid, and Kingspan already owns 87.4% of shares (according to Holdings). It seems highly likely the bid will go through, and following the end of the acceptance period on 6 March, we expect the stock to be de-listed. In light of the above, we consider the Q4 numbers from this morning to be a non-event.Läs mer på ABG Sundal Collier

Kingspan bids SEK 182.5/shareNWG's board recommends accepting the bidHighly likely the bid will go throughSEK 182.5/sh bid highly likely to go throughNordic Waterproofing's (NWG) largest owner Kingspan places a bid of SEK 182.5 per share, representing a 7% premium to yesterday's closing price. NWG's board has recommended shareholders to accept the bid, and Kingspan already owns 87.4% of shares (according to Holdings). It seems highly likely the bid will go through, and following the end of the acceptance period on 6 March, we expect the stock to be de-listed. In light of the above, we consider the Q4 numbers from this morning to be a non-event.Läs mer på ABG Sundal Collier
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