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Blommenholm Industrier Bolsters Stake in Polaris Media

Blommenholm Industrier Bolsters Stake in Polaris Media

Polaris Media ASA (DE:93J) has released an update.

Blommenholm Industrier AS has completed the acquisition of Schibsted Media AS, which holds a 29.45% stake in Polaris Media ASA, resulting in Blommenholm’s increased shareholding in Polaris Media to approximately 33.32%. Following the transaction, Schibsted no longer holds any shares in Polaris Media ASA. The transaction is closely related to Trond Berger, the chair of the board of Polaris Media ASA.

For further insights into DE:93J stock, check out TipRanks’ Stock Analysis page.

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