Endúr ASA Completes Strategic Acquisitions and Share Capital Increase

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Endúr ASA Completes Strategic Acquisitions and Share Capital Increase

Endur ASA ( (DE:4ZT0) ) has issued an announcement.

Endúr ASA has successfully completed the acquisition of Total Betong AS, Igang Totalentreprenør AS, and Habto Holding AS, including subsidiaries HAB Construction AS and ProPoint Survey AS. This strategic move involves a share capital increase of 7,333,333 shares, impacting the holdings of Tigerstaden AS, whose consolidated shareholding has decreased from 5.30% to 4.50%, falling below the 5% threshold as per the Norwegian Securities Trading Act.

More about Endur ASA

YTD Price Performance: 12.39%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €288.9M

For detailed information about 4ZT0 stock, go to TipRanks’ Stock Analysis page.

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