Acquisition | BYGGFAKTA GROUP NORDIC HOLDC | 25th April 2024
On 5 January 2024, Stirling Square1, TA2 and Macquarie Capital3, through Giant BidCo announced a public offer to the shareholders of BYGGFAKTA GROUP NORDIC HOLDC. On 2 April 2024, Giant BidCo increased the offer price to SEK 52 in cash per share and extended the acceptance period until 18 April 2024. At the end of the acceptance period, the Offer had been accepted by shareholders holding 31.6 per cent of the shares in BYGGFAKTA GROUP NORDIC HOLDC. Giant BidCo has decided to complete the Offer and acquire the shares tendered in the Offer. This means that Giant BidCo controls 99.0 per cent of the shares in BYGGFAKTA GROUP NORDIC HOLDC. Settlement in respect of the shares tendered on 18 April 2024 is expected to commence on or around 2 May 2024. To allow shareholders that have not yet accepted the Offer an additional opportunity to do so, Giant BidCo has decided to extend the acceptance period until 3 May 2024. As the free float is below 15 percent, Solactive AG will remove BYGGFAKTA GROUP NORDIC HOLDC from the indices effective open April 25, 2024.
The treatment below will be applied to the following indices:
- BYGGFAKTA GROUP NORDIC HOLDC will be removed from the Index.
- The weight of BYGGFAKTA GROUP NORDIC HOLDC (BGNH.ST) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 25/04/2024
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