tiprankstipranks

Castellum Aktiebolag Increases Stake in Entra ASA

Story Highlights
Castellum Aktiebolag Increases Stake in Entra ASA

The latest update is out from Entra ASA ( (GB:0R3Y) ).

Entra ASA has been the subject of a mandatory offer by Castellum Aktiebolag to acquire shares at a price of NOK 110.40 per share. As of the offer period’s expiration on March 19, 2025, Castellum has received acceptances for 493,772 shares and acquired an additional 777,039 shares, bringing their total ownership to approximately 34.03% of Entra’s outstanding shares. This acquisition could significantly impact Entra’s market position and shareholder dynamics, as Castellum strengthens its stake in the company.

More about Entra ASA

YTD Price Performance: -3.98%

Average Trading Volume: 7,369

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: NOK20.14B

For a thorough assessment of 0R3Y stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App